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Nexstar-Tegna deal puts Trump move to eliminate broadcast ownership rules to the test

Nextstar is looking to buy Tegna in a $6.2 billion cash deal — but will the FCC allow it despite a conflict with current TV ownership rules?

Nexstar to buy rival Tegna for $6.2B — creating nationwide local TV giant

Nexstar beat out rival Sinclair, which was offering between $25 and $30 per share, significantly above Nexstar's winning bid.

Nexstar to Acquire Tegna in $6.2 Billion Local TV Deal, Citing Trump-Backed Initiatives

The deal will give the former 265 television stations in 44 states and D.C., representing 80% of U.S. television households

Nexstar-Tegna merger could reshape Cleveland TV landscape, combining WKYC and WJW

Nexstar’s proposed $6.2 billion acquisition of Tegna could bring Cleveland’s WJW and WKYC under one owner, but regulatory hurdles make the deal’s local impact uncertain.
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TEGNA (TGNA) Stock Is Up, What You Need To Know

Shares of broadcasting and digital media company TEGNA (NYSE:TGNA) jumped 4.5% in the morning session after it announced a definitive agreement to be acquired by Nexstar Media Group (Nasdaq: NXST) in an all-cash deal.

Former WTHR employee concerned acquisition between TEGNA and Nexstar may lead to layoffs

A former marketing producer for WTHR shares concerns of potential layoffs due to potential Nexstar Media Group acquisition of TEGNA.
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