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8 states file emergency motion to block Nexstar-Tegna merger after FCC approval [MSNBC.com]

TEGNA Inc (TGNA) 
Last tegna inc earnings: 2/11 08:01 am Check Earnings Report
US:NYSE Investor Relations: investors.tegna.com
Company Research Source: MSNBC.com
California and seven other states filed an emergency motion on Friday to stop the merger of broadcasting companies Nexstar and Tegna, a corporate tie-up that would create the country’s largest operator of local television stations.The eight attorneys general filedthe motionsigned off on the $6.2 billion dealNexstar and Tegna did not immediately respond to requests for comment.The states — California, Colorado, Illinois, Oregon, , North Carolina, and Virginia — argued ina lawsuit filed Wednesday“With its approval of the disastrous Nexstar/Tegna broadcasting merger, the Trump Administration has once again put corporate interests ahead of the interests of everyday Americans — not on our watch,” California Attorney General Rob Bonta said in a statement.“This merger is illegal, plain and simple, running contrary to federal antitrust laws that protect consumers. Nexstar/Tegna is not a done deal. I will not let these corporate behemoths merge without a fight,” Bonta added.Nexstar announced Show less Read more
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