In the Public Relations trade, it has become standard practice to release headline-making breaking business news late in the day on a Friday. By doing so, the impact will be lessened, while consumers affected by the now-resolved dispute are happy and going on with their lives.
This is what occurred just before 6pm Eastern on February 4 between DISH and TEGNA. A new carriage agreement was reached — with its timing expressly tied to the start of the 2022 Winter Olympics.
But, is the second reason for an end to a particularly bitter battle tied to the institutional investment firm led by Soohyung Kim, which is reportedly close to a per-share buyout of the company he unsuccessfully sought to lead via two failed shareholder proposals?
