U.S. SG Americas Securities acquires stake in Tribune for $11.7 mln

02/12/2019 8:08:00 AM (GMT)

U.S.-based investment banking firm SG Americas Securities LLC, unit of Societe Generale Group, has acquired a stake in media holding company Tribune Media Co.

Valued at about $11.7 million, SG Americas Securities bought 258,656 shares of Tribune’s stock.

Tribune said that it has a market capitalization of $4.04 billion.

In the last quarter, the company generated approximately $498 million in revenue.

SG Americas Securities LLC.

All success stories are prepared by Investsize editors which is selecting elite and remarkable information from press releases and anonymous news sources.There is no charge applied for any success stories which is published . Those published success stories are not investment advices and doesnt offer recommendations Alternate Text