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Stock impact report

California, New York and 6 More States File Emergency Motion to Halt Nexstar-Tegna Merger [Yahoo! Finance]

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: Yahoo! Finance
Tess Patton 2 min read California Attorney General Rob Bonta (Credit: Mel Melcon / Los Angeles Times via Getty Images) California, New York and six other attorneys general filed an emergency motion to block the recently approved Nexstar-Tegna merger. The FCC's media bureau approved Nexstar's $6.2 billion acquisition of rival TV station owner Tegna on Thursday. California Attorney General Rob Bonta called the merger “illegal” and had filed a lawsuit before the deal was approved. The emergency motion, filed Friday, is part of a coalition of lawsuits from California, Colorado, Connecticut, Illinois, New York, North Carolina, Oregon and Virginia. “The federal government has an obligation to protect our economy, consumers' wallets, and competitive markets in which businesses and workers can thrive. 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 — Show less Read more
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