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Stock impact report

Judge orders Nexstar to halt TEGNA integration pending review [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
Chief U.S. District Judge Troy Nunley issued the order Friday in a case brought by DirecTV, which is challenging the merger of two of the nation's largest broadcast companies. The judge says Nexstar must keep TEGNA's business fully separate and stop any integration work until the court rules further. The acquisition closed March 19 after approval from the Federal Communications Commission and the U.S. Department of Justice. An in-person hearing in Sacramento is scheduled for April 7. Per Nexstar's EVP/Chief Communications Officer, Gary Weitman, "Nexstar does not comment on pending litigation." WATCH ALSO: Nexstar completes $6.2B acquisition of TEGNA after A federal approval RELATED: Bonta files lawsuit to block Nexstar deal for TEGNA stations Show less Read more
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