Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 0 0
Stock impact report

Nexstar, Tegna merger closes after winning regulatory approval [CNBC]

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: CNBC
Nexstar announced its proposed $6.2 billion acquisition of Tegna in August, and has been waiting on regulatory approval since then. Companies like Nexstar and Tegna, which own local broadcast station affiliates throughout the U.S., have long been up against decades-old FCC rules that prevents such mergers. Pavlo Gonchar | Sopa Images | Lightrocket | Getty Images Nexstar Media Group closed its acquisition of fellow broadcast station group owner Tegna after sealing regulatory approval , despite antitrust lawsuits filed against the deal in recent days. Nexstar'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 as the industry faces the same challenges as its cable and entertainment media counterparts — namely the drop in pay-TV customers due to the rise of streaming and tech options. “This transaction is essential to Show less Read more
Impact Snapshot
Event Time:
TGNA
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for TGNA alerts
Opt-in for
TGNA alerts

from News Quantified
Opt-in for
TGNA alerts

from News Quantified