Federal judge could halt Nexstar-Tegna TV station merger [Yahoo! Finance]
Nexstar Media Group, Inc. (NXST)
Last nexstar media group, inc. earnings: 2/26 07:04 am
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Source: Yahoo! Finance
A federal judge appears willing to block a $6.2-billion merger of two large TV station groups as he evaluates whether Nexstar Media Group's takeover of a rival violates U.S. antitrust laws. At the conclusion of a two-hour hearing in Sacramento on Tuesday, U.S. District Court Chief Judge Troy L. Nunley signaled he was preparing to issue a preliminary injunction that would prevent Nexstar and Tegna from combining operations amid an ongoing legal challenge. Nunley said he would draft a written order, which is expected by Friday. Previously, Nunley had issued a temporary restraining order to pause the merger. Last month, Nexstar raced to finalize its blockbuster purchase of Tegna — despite a lawsuit filed by California Atty. Gen. Rob Bonta and seven other state attorneys general. The state officials, all Democrats, claimed the massive merger would give Nexstar too much control over local TV stations, ultimately hurting consumers by diminishing the diversity and quality of their n
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News
- Federal judge could halt Nexstar-Tegna TV station merger [Los Angeles Times (CA)]Los Angeles Times
- Nexstar Media Group (NXST) had its price target lowered by Benchmark Co. from $300.00 to $250.00. They now have a "buy" rating on the stock.MarketBeat
- Nexstar Says It Can't Fully Comply With Tegna Merger's Temporary Restraining Order [Yahoo! Finance]Yahoo! Finance
- Nexstar Stuck In Limbo As Judge Halts Tegna Integration [Seeking Alpha]Seeking Alpha
- US senators question FCC chief over fast-tracked Nexstar deal, Bloomberg reports [Seeking Alpha]Seeking Alpha
NXST
Earnings
- 2/26/26 - Miss
NXST
Sec Filings
- 4/2/26 - Form 8-K
- 3/31/26 - Form 4
- 3/31/26 - Form 4
- NXST's page on the SEC website