News

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 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 ...
Tyler Morning Telegraph4h

Nexstar announces plans to acquire TEGNA, parent company of Tyler-based news station

A Tyler-based news station and its parent company will be acquired in a media merger, according to reports.  Nexstar Media ...

Broadcast TV merger could spell layoffs, programming changes for 9News and Fox31

NBC affiliate 9News draws the most viewers to its daily newscasts, followed by KDVR (Fox), KCNC (CBS), KMGH (ABC) and KWGN ...
Los Angeles Magazine1d

Nexstar’s $6.2B Takeover of Tegna Could Reshape Local TV

Nexstar’s takeover of Tegna, enabled by Trump-era deregulation, positions the company to reach 80% of U.S. households ...

Lawmaker 'strongly condemns' planned merger affecting 3 St. Louis TV stations

Tegna merger "represents arguably the largest move toward corporate consolidation of local media in the modern era,” State Rep. Doug Clemens, D-St. Ann, said.

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 ...

Parent company of ABC27, WTAJ and WBRE agrees to buy media group in $6.2B deal

Nexstar Media Group, the owner of ABC27, plans to purchase Tegna, the owner of FOX43. Nexstar announced on Tuesday that it plans to acquire all outstanding shares of Tegna for $22 per share in a cash ...