Nexstar, Tegna merger closes after winning regulatory approval [CNBC]
TEGNA Inc (TGNA)
Last tegna inc earnings: 2/11 08:01 am
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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
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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