<SEC-DOCUMENT>0001104659-25-109274.txt : 20251110
<SEC-HEADER>0001104659-25-109274.hdr.sgml : 20251110
<ACCEPTANCE-DATETIME>20251110170712
ACCESSION NUMBER:		0001104659-25-109274
CONFORMED SUBMISSION TYPE:	DEFA14A
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20251110
DATE AS OF CHANGE:		20251110

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			TEGNA INC
		CENTRAL INDEX KEY:			0000039899
		STANDARD INDUSTRIAL CLASSIFICATION:	TELEVISION BROADCASTING STATIONS [4833]
		ORGANIZATION NAME:           	06 Technology
		EIN:				160442930
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		DEFA14A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-06961
		FILM NUMBER:		251467287

	BUSINESS ADDRESS:	
		STREET 1:		8350 BROAD STREET
		STREET 2:		SUITE 2000
		CITY:			TYSONS
		STATE:			VA
		ZIP:			22102-5151
		BUSINESS PHONE:		7038736600

	MAIL ADDRESS:	
		STREET 1:		8350 BROAD STREET
		STREET 2:		SUITE 2000
		CITY:			TYSONS
		STATE:			VA
		ZIP:			22102-5151

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	GANNETT CO INC /DE/
		DATE OF NAME CHANGE:	19920703
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<P STYLE="font: bold 18pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

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<P STYLE="font: bold 18pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">UNITED STATES</P>

<P STYLE="font: bold 18pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">SECURITIES AND EXCHANGE COMMISSION</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Washington, D.C. 20549</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: bold 18pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">SCHEDULE 14A</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Proxy Statement Pursuant to Section&nbsp;14(a)
of the<BR>
Securities Exchange Act of 1934</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Filed by the Registrant <FONT STYLE="font-family: Times New Roman, Times, Serif"><FONT STYLE="font-family: Wingdings">&#120;</FONT></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Check the appropriate box:</P>

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<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-family: Wingdings">&#168;</FONT></TD><TD STYLE="text-align: justify">Preliminary Proxy Statement</TD>
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<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-family: Wingdings">&#168;</FONT></TD><TD STYLE="text-align: justify"><B>Confidential, for Use of the Commission Only (as permitted
by Rule 14a-6(e)(2))</B></TD>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-family: Wingdings">&#168;</FONT></TD><TD STYLE="text-align: justify">Definitive Proxy Statement</TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-family: Wingdings">&#120;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Definitive
Additional Materials</FONT></TD>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-family: Wingdings">&#168;</FONT></TD><TD STYLE="text-align: justify">Soliciting Material Pursuant to &sect;240.14a-12</TD>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: bold 24pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; border-bottom: Black 1pt solid">TEGNA Inc.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(Name of Registrant as Specified In Its Charter)</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

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<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(Name of Person(s) Filing Proxy Statement,
if other than the Registrant)</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Payment of Filing Fee (Check the appropriate box):</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-family: Wingdings">&#168;</FONT></TD><TD STYLE="text-align: justify">Fee paid previously with preliminary materials.</TD>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-family: Wingdings">&#168;</FONT></TD><TD STYLE="text-align: justify">Fee computed on table in exhibit required by Item 25(b) per
Exchange Act Rules 14a-6(i)(1) and 0-11.</TD>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>



<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

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<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

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<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>UNITED STATES</B></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>SECURITIES AND EXCHANGE COMMISSION</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Washington, D.C. 20549</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&#160;</B></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&#160;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B></B></P>



<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>FORM 8-K</B></P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&#160;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&#160;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Current Report</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Pursuant to Section 13 or 15(d)</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>of the Securities Exchange Act of 1934</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&#160;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Date of Report (Date of earliest event reported):
November 10, 2025</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&#160;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B></B></P>

<!-- Field: Rule-Page --><DIV STYLE="margin-left: auto; margin-right: auto; width: 2in"><DIV STYLE="border-top: Black 1pt solid; font-size: 1pt">&#160;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&#160;</B></P>



<P STYLE="font: 18pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>TEGNA INC.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>(Exact name of registrant as specified in its
charter)</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&#160;</P>

<!-- Field: Rule-Page --><DIV STYLE="margin-left: auto; margin-right: auto; width: 2in"><DIV STYLE="border-top: Black 1pt solid; font-size: 1pt">&#160;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&#160;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>



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    <TD STYLE="width: 34%; font-size: 10pt; text-align: center"><B>Delaware</B></TD>
    <TD STYLE="width: 33%; font-size: 10pt; text-align: center"><B>1-6961</B></TD>
    <TD STYLE="width: 33%; font-size: 10pt; text-align: center"><B>16-0442930</B></TD></TR>
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    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Identification No.)</B></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&#160;</P></TD></TR>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</P>

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    <TD STYLE="width: 50%; font-size: 10pt; text-align: center"><B>22102-5151</B></TD></TR>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&#160;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>(703)-873-6600</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>(Registrant&#8217;s telephone number, including
area code)</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&#160;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Not Applicable</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>(Former Name or Former Address, if Changed Since
Last Report)</B></P>



<HR STYLE="border-width: 0; background-color: black; height: 1px; width: 25%; color: black">

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Check the appropriate box below if the Form 8-K filing is intended
to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&#168;</FONT></TD><TD>Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">&#160;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&#168;</FONT></TD><TD>Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">&#160;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&#168;</FONT></TD><TD>Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">&#160;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&#168;</FONT></TD><TD>Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">&#160;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Securities registered pursuant to Section 12(b) of the Act:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: black 1pt solid; white-space: nowrap; padding-bottom: 1pt; font-size: 10pt; text-align: center"><FONT STYLE="font-size: 10pt"><B>Title of each class</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; font-size: 10pt; text-align: center"><FONT STYLE="font-size: 10pt"><B>Trading<BR>
Symbol</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; font-size: 10pt; text-align: center"><FONT STYLE="font-size: 10pt"><B>Name of each exchange<BR>
on which registered</B></FONT></TD></TR>
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    <TD STYLE="font-size: 10pt; text-align: center"><B>Common Stock</B></TD>
    <TD STYLE="font-size: 10pt; text-align: center"><B>TGNA</B></TD>
    <TD STYLE="font-size: 10pt; text-align: center"><B>New York Stock Exchange</B></TD></TR>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Indicate by check mark whether the registrant is an emerging growth
company as defined in Rule 405 of the Securities Act of 1933 (&#167;230.405 of this chapter) or Rule 12b-2 of the Securities Exchange
Act of 1934 (&#167;240.12b-2 of this chapter).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Emerging growth company <FONT STYLE="font-family: Wingdings">&#168;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">If an emerging growth company, indicate by check mark if the registrant
has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant
to Section 13(a) of the Exchange Act. <FONT STYLE="font-family: Wingdings">&#168;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">&#160;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"></P>
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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&#160;</P></DIV>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">&#160;</P>
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<TD STYLE="width: 1in">Item&#160;8.01</TD><TD>Other Events.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">&#160;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">As previously disclosed, on August 18, 2025, TEGNA
Inc., a Delaware corporation (&#8220;TEGNA&#8221;), entered into an Agreement and Plan of Merger with Nexstar Media Group, Inc., a Delaware
corporation (&#8220;Nexstar&#8221;), and Teton Merger Sub, Inc., a Delaware corporation and a wholly owned subsidiary of Nexstar (&#8220;Merger
Sub&#8221;). Pursuant to the terms of the Merger Agreement, subject to the terms and conditions set forth therein, Merger Sub will be
merged with and into TEGNA (the &#8220;Merger&#8221;), with TEGNA continuing as the surviving corporation and as wholly owned subsidiary
of Nexstar. On September 17, 2025, TEGNA filed a preliminary proxy statement with the Securities and Exchange Commission (the &#8220;SEC&#8221;)
in connection with the Merger (the &#8220;Preliminary Proxy Statement&#8221;) and, on October 10, 2025, TEGNA filed a definitive proxy
statement with the SEC in connection with the Merger (the &#8220;Definitive Proxy Statement&#8221;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&#160;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">As of November 10, 2025, three complaints have been
filed by purported stockholders of TEGNA in connection with the Merger: <I>Faul v. TEGNA Inc., et al.</I>, No. 25-cv-12161 (filed in
the U.S. District Court for the Northern District of Illinois on October 3, 2025), <I>Cohen v. TEGNA Inc., et al.</I>, Index No. 659416/2025
(filed in New York County on October 28, 2025), and <I>Brady v. TEGNA Inc., et. al.</I>, Index No. 659438/2025 (filed in New York County
on October 29, 2025). The complaints generally allege that the Preliminary Proxy Statement or the Definitive Proxy Statement includes
false and misleading information and/or fails to disclose allegedly material information in violation of federal or state law. The complaints
seek, among other things, to enjoin TEGNA from consummating the Merger, or in the alternative, rescission of the Merger and/or compensatory
damages, as well as attorneys&#8217; and expert fees. In addition to these complaints, TEGNA has received demand letters from counsel
representing purported stockholders of TEGNA, alleging similar deficiencies and/or omissions in the Preliminary Proxy Statement or the
Definitive Proxy Statement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&#160;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">TEGNA believes that the claims asserted in the
actions described above are without merit and that no additional disclosures were or are required under applicable law. However, to moot
the unmeritorious disclosure claims, to avoid the risk of the actions described above delaying or adversely affecting the Merger and to
minimize the costs, risks and uncertainties inherent in litigation, without admitting any liability or wrongdoing, TEGNA has determined
to voluntarily make the following supplemental disclosures to the Definitive Proxy Statement as described in this Current Report on Form&#160;8-K.
Nothing in this Current Report on Form 8-K shall be deemed an admission of the legal necessity or materiality under applicable laws of
any of the disclosures set forth herein. To the contrary, TEGNA specifically denies all allegations in the actions described above that
any additional disclosure was or is required.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&#160;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">It is possible that additional, similar demand
letters or complaints may be received or filed or the actions described above may be amended. TEGNA does not intend to announce the receipt
or filing of each additional, similar demand letter, complaint or any amended complaint.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B><I>&#160;</I></B></P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="text-decoration: underline">Supplemental Disclosures to the
Definitive Proxy Statement</FONT></P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&#160;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The following disclosures in this Current Report
on Form 8-K supplement the disclosures contained in the Definitive Proxy Statement and should be read in conjunction with the disclosures
contained in the Definitive Proxy Statement, which in turn should be read in its entirety. All page references are to the Definitive Proxy
Statement and terms used below, unless otherwise defined, shall have the meanings ascribed to such terms in the Definitive Proxy Statement.
For clarity, new text added to the Definitive Proxy Statement is shown in bold, underlined text, and text deleted from the Definitive
Proxy Statement is shown in stricken-through text.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&#160;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><I>The first sentence of the seventh full paragraph
in the section entitled &#8220;Proposal 1: Adoption of the Merger Agreement&#8212;Background of the Merger&#8221; on page 32 of the Definitive
Proxy Statement is hereby amended and supplemented as follows:</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&#160;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">On August&#160;14, 2025, the Chief Executive Officer
of Party A sent to Mr.&#160;Elias and Mr.&#160;Steib a non-binding proposal (the &#8220;Party A Proposal&#8221;) for a business combination
whereby Party A would spin-off certain assets not related to the broadcasting industry, followed by an all-stock merger between TEGNA
and Party A, with TEGNA Stockholders owning 55-60% of the combined company and stockholders of Party A owning 40-45% of the combined company.
<B><FONT STYLE="text-decoration: underline">The Party A Proposal claimed that, based on recent trading multiples and Party A&#8217;s estimate of synergies associated with the
transaction, TEGNA&#8217;s relative pro forma ownership translated to approximately $22 to $28 per share for TEGNA stockholders.</FONT></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&#160;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="background-color: white"><I>The
first sentence of the first full paragraph in the section entitled &#8220;Proposal 1: Adoption of the Merger Agreement&#8212;Background
of the Merger&#8221; on page 33 of the Definitive Proxy Statement is hereby amended and supplemented as follows:</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#160;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="background-color: white">Following
this discussion, Allen &amp; Company provided an overview of Party A and the Party A Proposal, based on publicly available information<B><FONT STYLE="text-decoration: underline">,
noting that a preliminary review based on Wall Street consensus estimates suggested that Party A&#8217;s stockholders should have a pro
forma ownership materially lower than the 40-45% set forth in the Party A Proposal, and that the combination of Party A&#8217;s capitalization,
Party A&#8217;s likely EBITDA contribution to the combined company, and TEGNA management&#8217;s estimated run-rate synergies
suggested materially lower implied pro forma per share trading levels than the $22-$28 per share referred to in the Party A Proposal</FONT></B>.
During this overview, the Board of Directors discussed with TEGNA&#8217;s senior management and legal and financial advisors the complexity
and execution risk associated with the Party A Proposal, noting that pursuing such an opportunity would likely involve a complex negotiation
regarding the allocation of assets and liabilities as between the portion of Party A&#8217;s business that would be spun off prior to
the consummation of a transaction, as well as other due diligence and the negotiation of definitive documentation. The Board of Directors
also discussed that the Party A Proposal provided for an all-stock transaction with uncertainty of value, as opposed to the all-cash transaction
proposed by Nexstar, that would involve the combined company assuming substantial indebtedness in connection with the business combination
contemplated by the Party A Proposal and, based on publicly available information, would be dilutive to TEGNA Stockholders. Following
this discussion, it was the consensus of the Board of Directors that it was not in the best interests of TEGNA or its stockholders to
pursue the Party A Proposal rather than the proposed all-cash acquisition of TEGNA by Nexstar for $22.00 per share, because, among other
things, the Party A Proposal presented substantial execution risks, and the Board of Directors&#8217; view that the proposed $22.00 all-cash
per share price of the Nexstar proposal provided superior and more certain value to TEGNA Stockholders than Party A&#8217;s proposed all-stock
combination.</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#160;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="background-color: white"><I>The
second sentence of the third full paragraph in the section entitled &#8220;Proposal 1: Adoption of the Merger Agreement&#8212;Opinion
of TEGNA&#8217;s Financial Advisor&#8212;Selected Public Companies Analysis&#8221; on page 42 of the Definitive Proxy Statement is hereby
amended and supplemented as follows:</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#160;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="background-color: white"><B><FONT STYLE="text-decoration: underline">Based
on Allen &amp; Company&#8217;s professional judgment and informed by, among other things, the median calendar year 2024 actual/calendar
year 2025 estimated average Adjusted EBITDA multiples and calendar year 2025 estimated/calendar year 2026 estimated average Adjusted EBITDA
multiples observed for the selected companies,</FONT></B> Allen &amp; Company applied selected ranges of calendar year 2024 actual/calendar
year 2025 estimated average Adjusted EBITDA multiples and calendar year 2025 estimated/calendar year 2026 estimated average Adjusted EBITDA
multiples derived from the selected companies of 6.25x to 7.25x and 6.5x to 7.5x, respectively, to corresponding data of TEGNA based on
the TEGNA management Weighted Case and other information provided by TEGNA management.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#160;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="background-color: white"><I>The
second sentence of the third full paragraph in the section entitled &#8220;Proposal 1: Adoption of the Merger Agreement&#8212;Opinion
of TEGNA&#8217;s Financial Advisor&#8212;Selected Precedent Transactions Analysis&#8221; on page 43 of the Definitive Proxy Statement
is hereby amended and supplemented as follows:</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#160;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="background-color: white"><B><FONT STYLE="text-decoration: underline">Based
on Allen &amp; Company&#8217;s professional judgment and informed by, among other things, the latest two-year average Adjusted EBITDA,
latest 12 months/next 12 months average Adjusted EBITDA or latest 12 months Adjusted EBITDA, as available,</FONT></B> <FONT STYLE="text-decoration: line-through">the</FONT>
<B><FONT STYLE="text-decoration: underline">multiples observed in the selected transactions announced during the past five years,</FONT></B> Allen &amp; Company applied a selected
range of multiples derived from the selected transactions of 7.5x to 8.5x to the latest 12 months/next 12 months (as of June&#160;30,
2025) average Adjusted EBITDA of TEGNA based on the TEGNA management Weighted Case and other information provided by the management of
TEGNA.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#160;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="background-color: white"><I>The
third and fourth sentences of the paragraph in the section entitled &#8220;Proposal 1: Adoption of the Merger Agreement&#8212;Opinion
of TEGNA&#8217;s Financial Advisor &#8211; Discounted Cash Flow Analysis&#8221; on page 43 of the Definitive Proxy Statement is hereby
amended and supplemented as follows:</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#160;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="background-color: white">The
implied terminal value of TEGNA was derived by applying to TEGNA&#8217;s normalized unlevered, after-tax free cash flow for the fiscal
year ending December 31, 2029 a selected range of perpetuity growth rates<B><FONT STYLE="text-decoration: underline">, based on Allen &amp; Company&#8217;s professional judgment,</FONT></B>
of (2.5)% to (1.5)%. The present values (as of June&#160;30, 2025) of the cash flows and terminal values were then calculated using a
selected range of discount rates of 6.5% to 7.5% <B><FONT STYLE="text-decoration: underline">derived from a weighted average cost of capital calculation</FONT></B>.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#160;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="background-color: white"><I>The
second bulleted paragraph in the section entitled &#8220;Proposal 1: Adoption of the Merger Agreement&#8212;Opinion of TEGNA&#8217;s Financial
Advisor&#8212;Certain Additional Information&#8221; on page 43 of the Definitive Proxy Statement is hereby amended and supplemented as
follows:</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#160;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-family: Symbol">&#183;</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;
</FONT><FONT STYLE="background-color: white"><B><FONT STYLE="text-decoration: underline">six</FONT></B> publicly available Wall Street research analysts&#8217; forward stock price
targets for TEGNA Common Stock as of August&#160;8, 2025 (the last trading day prior to market speculation regarding a potential transaction
involving TEGNA and Nexstar), which indicated an overall low to high target price range for TEGNA Common Stock as of such date of $18.00
to $21.00 per share (with a mean of $20.13 per share and a median of $20.90 per share).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&#160;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">Additional Information and Where to Find It</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">In connection with the Merger, TEGNA has filed
relevant materials with the Securities and Exchange Commission (the &#8220;SEC&#8221;), including the Definitive Proxy Statement. This
filing is not a substitute for the Definitive Proxy Statement or for any other document that TEGNA may file with the SEC and send to its
stockholders in connection with the Merger. Before making any voting decision, TEGNA&#8217;s stockholders are urged to read all relevant
documents filed or to be filed with the SEC, including the Definitive Proxy Statement, as well as any amendments or supplements to those
documents, because they contain or will contain important information about the Merger.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">TEGNA&#8217;s stockholders are able to obtain a
free copy of the Definitive Proxy Statement, as well as other filings containing information about TEGNA (when available), without charge,
at the SEC&#8217;s website (www.sec.gov). Copies of the Definitive Proxy Statement and the filings with the SEC that are incorporated
by reference therein can also be obtained, without charge, by directing a request to TEGNA Inc., 8350 Broad Street, Suite 2000, Tysons,
VA 22102, or from TEGNA&#8217;s website, https://www.investors.tegna.com.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&#160;</P>

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<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">Participants in the Solicitation</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">TEGNA and certain of its directors, executive officers
and employees may be deemed to be participants in the solicitation of proxies in respect of the proposed transaction. Information regarding
TEGNA&#8217;s directors and executive officers is set forth in (i) TEGNA&#8217;s proxy statement for the 2025 annual meeting of stockholders,
which was filed with the SEC on April 8, 2025 (the &#8220;2025 Annual Meeting Proxy Statement&#8221;), including under the sections captioned
 &#8220;Director Compensation,&#8221; &#8220;Executive Compensation&#8221; and &#8220;Securities Beneficially Owned by Directors, Executive
Officers and Principal Shareholders&#8221; in the 2025 Annual Meeting Proxy Statement and (ii) the Proxy Statement, including under the
headings &#8220;Interests of TEGNA&#8217;s Executive Officers and Directors in the Merger,&#8221; &#8220;Stock Ownership and Interests
of Certain Persons,&#8221; &#8220;Employee Benefits,&#8221; &#8220;Indemnification and Insurance&#8221; and Security Ownership of Certain
Beneficial Owners and Management.&#8221;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&#160;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">Cautionary Statement Regarding Forward-Looking Statements</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">All statements included herein other than statements
of historical fact, may be deemed forward-looking statements for purposes of the Private Securities Litigation Reform Act of 1995. Forward-looking
statements are based on a number of assumptions about future events and are subject to various risks, uncertainties and other factors
that may cause actual results to differ materially from the views, beliefs, projections and estimates expressed in such statements. These
risks, uncertainties and other factors include, but are not limited to, those discussed under &#8220;Risk Factors&#8221; in each of Nexstar
and TEGNA&#8217;s Annual Report on Form 10-K for the fiscal year ended December 31, 2024 and Quarterly Reports on Form 10-Q for the quarters
ended March 31, 2025, June 30, 2025 and September 30, 2025, and the following: (1) the timing, receipt and terms and conditions of any
required governmental or regulatory approvals of the proposed transaction that could reduce the anticipated benefits of or cause the parties
to abandon the proposed transaction, (2) risks related to the satisfaction of the conditions to closing the proposed transaction (including
the failure to obtain necessary regulatory approvals or the approval of TEGNA&#8217;s stockholders), in the anticipated timeframe or at
all, (3) the risk that any announcements relating to the proposed transaction could have adverse effects on the market price of TEGNA&#8217;s
common stock, (4) disruption from the proposed transaction making it more difficult to maintain business and operational relationships,
including retaining and hiring key personnel and maintaining relationships with TEGNA&#8217;s customers, vendors and others with whom
it does business, (5) the occurrence of any event, change or other circumstances that could give rise to the termination of the merger
agreement entered into pursuant to the proposed transaction, (6) risks related to disruption of management&#8217;s attention from TEGNA&#8217;s
ongoing business operations due to the proposed transaction, (7) significant transaction costs, (8) the risk of litigation and/or regulatory
actions related to the proposed transaction or unfavorable results from currently pending litigation and proceedings or litigation and
proceedings that could arise in the future, (9)&#160;other business effects, including the effects of industry, market, economic, political
or regulatory conditions and (10)&#160;information technology system failures, data security breaches, data privacy compliance, network
disruptions, and cybersecurity, malware or ransomware attacks, which could exacerbate any of the risks described above. Readers are cautioned
not to place undue reliance on forward-looking statements made by or on behalf of TEGNA. Each such statement speaks only as of the day
it was made. Neither Nexstar nor TEGNA undertake any obligation to update or to revise any forward-looking statements. The factors described
above cannot be controlled by Nexstar or by TEGNA. When used in this communication, the words &#8220;believes,&#8221; &#8220;estimates,&#8221;
 &#8220;plans,&#8221; &#8220;expects,&#8221; &#8220;should,&#8221; &#8220;could,&#8221; &#8220;outlook,&#8221; and &#8220;anticipates&#8221;
and similar expressions as they relate to Nexstar, TEGNA or their respective management teams are intended to identify forward looking
statements.</P>

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<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">SIGNATURE</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&#160;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Pursuant to the requirements of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&#160;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-bottom: 12pt">&#160;</TD>
    <TD COLSPAN="3" STYLE="padding-bottom: 12pt">TEGNA INC.</TD></TR>
  <TR>
    <TD STYLE="vertical-align: top">&#160;</TD>
    <TD STYLE="vertical-align: top">By:</TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; white-space: nowrap; vertical-align: bottom">&#160;/s/ Alex Tolston</TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; width: 50%">&#160;</TD>
    <TD STYLE="vertical-align: top; width: 3%">&#160;</TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; width: 6%">Name:</TD>
    <TD STYLE="vertical-align: bottom; width: 41%">Alex Tolston</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&#160;</TD>
    <TD>&#160;</TD>
    <TD STYLE="white-space: nowrap">Title:</TD>
    <TD>Senior Vice President and Chief Legal Officer</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Date: November 10, 2025</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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