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Stock impact report

Nexstar, Tegna merger closes after winning regulatory 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
Nexstar GroupacquisitionTegnaregulatory approvallawsuitsNexstar's $6.2 billion merger with Tegna brings together more than 260 local broadcast TV affiliate stations across the U.S.Nexstar and Tegna, like other broadcast station group peers,have been looking to consolidate"This transaction is essential to sustaining strong local journalism in the communities we serve. By bringing these two outstanding companies together, Nexstar will be a stronger, more dynamic enterprise—better positioned to deliver exceptional journalism and local programming with enhanced assets, capabilities, and talent," Nexstar CEO Perry Sook said in astatement"We are grateful to President Trump, [FCC] Chairman Carr, and the DOJ for recognizing the dynamic forces shaping the media landscape and enabling this transaction to move forward."In February, President Donald Trump endorsed the merger between Nexstar and Tegna in a TruthSocial post after months of criticism about the potential effects of the deal.The prop Show less Read more
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