Nexstar announced Tuesday that it intends to buy Tegna for $6. 2 billion — a deal that has been rumored for weeks.

"Local journalism is essential for democracy because it fosters community, keeps us informed, and holds power to account," ...

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Nexstar had previously acquired the two Hartford-based television stations from Tribune Broadcasting in 2019, but then sold ...

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Once it swallows up Tegan, Nexstar will own 265 full-power television stations in 44 states and the District of Columbia.

Headquartered in Texas with operational offices in New York and Chicago, Nexstar Media Group, Inc. (NASDAQ:NXST) is among the ...

A Tyler-based news station and its parent company will be acquired in a media merger, according to reports.  Nexstar Media Group announced Tuesday that it will acquire TEGNA Inc. in an all-cash ...

For the past three decades, there has been a 39% limit on ownership of news stations, according to Deadline. This has been something that has received bipartisan support from Federal lawmakers for ...

The deal is expected to close in the second half of next year. Legal analyst Whitney Traylor discusses the proposed ...

It may take a year before the Federal Communications Commission approves the deal so the uncertainty over the deal’s impact will be hanging over the staff of the stations for that long.