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Stock impact report

In reversal, Trump backs Nexstar's proposed acquisition of Tegna [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
“Letting Good Deals get done like Nexstar - Tegna will help knock out the Fake News because there will be more competition, and at a higher and more sophisticated level,” Trump wrote in a Truth Social post. The proposed deal is part of a string of media consolidation efforts as cord-cutting threatens the industry. In this article Pavlo Gonchar | Sopa Images | Lightrocket | Getty Images President Donald Trump on Saturday endorsed Nexstar Media 's proposed $6.2 billion acquisition of Tegna , just months after criticizing the deal. “We need more competition against THE ENEMY, the Fake News National TV Networks,” Trump wrote in a Truth Social post. “Letting Good Deals get done like Nexstar - Tegna will help knock out the Fake News because there will be more competition, and at a higher and more sophisticated level. Those that are opposed don't fully understand how good the concept of this Deal is for them, but they will in the future. GET THAT DEAL DONE!” Under the agreement, Show less Read more
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