Tag: Jack Williams


Tegna to spin off Cars.com on May 31

Tegna to spin off Cars.com on May 31

The Cars.com spinoff from Tegna is scheduled for completion at the end of May, with a new board of directors including Cars.com CEO Alex Vetter and Scott Forbes, chairman of Rightmove in the U.K., as chairman. The company will pay Tegna a cash dividend of ...


Gannett / Tegna Digital view: Up, up, up

Gannett / Tegna Digital view: Up, up, up

Profit margins are great at Cars.com, pretty damned good at CareerBuilder.com, and growth at both companies is expected to be in the double digits for the next three years. Tegna, the spinoff from Gannett that will operate both companies when the corporate split is completed next week, provided guidance on both of its major digital units in an