News

Nexstar’s takeover of Tegna would require an overhaul of FCC ownership rules | Column

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

Nexstar To Acquire Tegna For $6.2B In Local TV Megadeal Fueled By Donald Trump Deregulation

Nexstar, the No. 1 owner of TV stations in the U.S., is acquiring rival Tegna in a deal that challenges decade-old limits on ...

Nexstar to Acquire Tegna in $6.2 Billion Deal, Marking Big Move to Consolidate Local TV Biz

The purchase price is inclusive of Tegna’s net debt and estimated transaction fees and expenses. The deal, subject to ...

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's $3.5B Power Grab: The Local TV Takeover That Could Rewrite Broadcast History

A blockbuster deal, a fallen rival, and a shot at dominating 80% of American screens--if regulators don't blink.

A tug-of-war to buy DC’s channel 9 owner emerges

Tysons, Virginia-based broadcaster Tegna, whose 64 stations include WUSA Channel 9 in D.C., agreed to be acquired by larger local TV station owner Nexstar.

No. 1 owner of TV stations in US buying rival for $6.2 billion: What does it mean for Alabama?

America’s largest owner of television stations announced a blockbuster deal to acquire a rival. Nexstar is buying Tegna for $6.2 billion in a deal that promises to reshape the television industry, ...