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Corporate News

Gray Television in US$8.5bil bid to acquire Tegna

U.S. regional TV station operator Gray Television Inc has made an offer to acquire larger peer Tegna Inc for approximately $8.5 billion, including debt, people familiar with the matter said,

Banking

Deutsche Telekom to bank on Disney

BERLIN: Germany’s Deutsche Telekom AG is pursuing a deal for TV content from Walt Disney Co to fend off a growing competitive threat from UK-based Vodafone Group Plc.