Nexstar ‘Highly Engaged' in Discussions With DOJ, FCC on $6.2 Billion Tegna Merger [Yahoo! Finance]
TEGNA Inc (TGNA)
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Source: Yahoo! Finance
Lucas Manfredi 3 min read Chairman, President & CEO of Nexstar Broadcasting Group Perry A. Sook attends the 24th Annual Broadcasting & Cable Hall Of Fame Awards (Credit: Desiree Navarro/WireImage) Nexstar CEO Perry Sook says the company is “highly engaged” in active discussions with the Department of Justice and Federal Communications Commission as they review its proposed $6.2 billion merger with rival Tegna. FCC chairman Brendan Carr and President Donald Trump have both expressed support for the deal. Its completion is dependent upon raising or eliminating the 39% national TV ownership cap, which limits how many TV stations at single entity can own. The cap was put in place by Congress in 2004 to ensure viewpoint diversity and prevent monopolization. “Certainly having the endorsement of the nation's chief executive doesn't hurt in the regulatory agencies,” Sook told a Morgan Stanley investor conference on Wednesday when asked about President Donald Trump's support for the
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TGNA
News
- Nexstar Media Inc. Announces Tender Offer and Consent Solicitation for Any and All of Tegna Inc.'S 5.000% Senior Notes Due 2029 [Yahoo! Finance]Yahoo! Finance
- Why Nexstar–TEGNA mega-merger is bad for Tenn. consumers | Opinion [Yahoo! Finance]Yahoo! Finance
- Union calls for rethink over print plant closures [Yahoo! Finance]Yahoo! Finance
- TEGNA (NYSE:TGNA) Beats Q4 CY2025 Sales Expectations [Yahoo! Finance]Yahoo! Finance
- TEGNA Inc. (TGNA) Tops Q4 Earnings and Revenue Estimates [Yahoo! Finance]Yahoo! Finance
TGNA
Earnings
- 3/2/26 - Beat
TGNA
Sec Filings
- 3/3/26 - Form 4
- 3/3/26 - Form 4
- 3/3/26 - Form 4
- TGNA's page on the SEC website