Standard General said on Tuesday it had filed a lawsuit against the U.S. Federal Communications Commission (FCC) over its decision to hold hearings on the hedge fund's $5.4 billion plan to buy television station operator Tegna .
Signage is seen at the headquarters of the Federal Communications Commission in Washington, D.C., U.S., August 29, 2020. REUTERS/Andrew Kelly
to be taken private by Standard General in a deal valued at $8.6 billion, including debt. At the time, the acquisition was expected to complete in the second half of 2022.
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