Ever since Mike Steib took over as the CEO of Tegna, we have said he was brought in to help sell the company.

The guy had no TV experience, certainly no journalism experience. and it was clear, he need to ready the company for a sale.

In a story in early May, FTVLive wrote:

“Looking at Tegna’s actions ever since Mike Steib took over as CEO, it looks like he is setting the company up for a sale.

When Trump’s FCC relaxes ownership rules, you can expect a lot of buying and selling to happen with stations and media companies.

Tegna looks to be more of a seller than a buyer.

On the earnings call, Steib told analysts, “we are buyers of anything that’s a fit for our mission and our company. And if there’s anything someone wants to buy from us at a price that is more than it is worth to our shareholders, we’re interested in selling it.”

He might say he’s a buyer, but I continue to place my bets on selling.”

When it is all said and done, Steib will walk away with millions for just months of work.