TEGNA Completes Spin-off of Cars.com

TEGNA Completes Spin-off of Cars.com

TEGNA said pre-market Thursday that it has completed the previously announced spin-off of Cars.com, creating two publicly traded companies: TEGNA, a media company; and Cars.com (CARS), a digital automotive marketplace. TEGNA will continue trading on the New York Stock Exchange under the ticker “TGNA”. Effective today, Cars.com will begin “regular way” trading on the New York Stock Exchange under the ticker “CARS”. Upon the completion of the spin-off, Dave Lougee, […]

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