FCC approves Nexstar-Tegna merger, creates largest local TV operator in U.S. [Yahoo! Finance]
TEGNA Inc (TGNA)
Last tegna inc earnings: 2/11 08:01 am
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Source: Yahoo! Finance
the approval good for local journalism at a time when the media environment is "dynamic." File Photo by Shawn Thew/ EPA March 19 (UPI) -- The Federal Communications Commission on Thursday approved the sale of Tegna and its television stations to Nexstar, which will now have a media footprint that reaches 60% of U.S. households. FCC Chairman Brendan Carr said in a press release that the agency waived a rule prohibiting one company from owning enough broadcast television stations to reach that much of the country. New York Attorney General Letitia James and the attorneys general from California, Colorado, Connecticut, Illinois, North Carolina, Oregon and Virginia, as well as DirectTV, have filed suit to prevent the merger, which would create the single largest broadcast television group in the country and limit competition. Carr pinned the decision on the two-decade long decline of local newspapers in cities and towns of all sizes across the United States, and said that allowing
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TGNA
News
- Nexstar closes $6.2B Tegna deal, announces $5.1B debt [Yahoo! Finance]Yahoo! Finance
- FCC approves $3.5B sale of Tegna to Nexstar amid state objections [USA TODAY]USA TODAY
- 8 states file emergency motion to block Nexstar-Tegna merger after FCC approval [Yahoo! Finance]Yahoo! Finance
- California attorney general asks judge to block Nexstar-Tegna merger [Los Angeles Times (CA)]Los Angeles Times
- Nexstar-Tegna Deal: Eight States File Emergency Motion to Halt ‘Disastrous' Merger of Local TV Broadcasters [Yahoo! Finance]Yahoo! Finance
TGNA
Earnings
- 3/2/26 - Beat
TGNA
Sec Filings
- 3/23/26 - Form 25-NSE
- 3/23/26 - Form S-8
- 3/23/26 - Form S-8
- TGNA's page on the SEC website