In reversal, Trump backs Nexstar's proposed acquisition of Tegna [MSNBC.com]
TEGNA Inc (TGNA)
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Source: MSNBC.com
In this articlePavlo Gonchar | Sopa Images | Lightrocket | Getty ImagesPresidentDonald TrumpNexstar $6.2 billion acquisitionTegna"We need more competition against THE ENEMY, the Fake News National TV Networks," Trump wrote in aTruth SocialUnder the agreement, Nexstar, which owns or partners with over 200 stations, would add Tegna's 64 stations — covering roughly 80% of the country. The deal, announced in August 2025, was expected to close in the second half of 2026.Trump's backing of the Nexstar-Tegna deal marks an abrupt turnaround. In aTruth Social post"If this would also allow the Radical Left Networks to 'enlarge,' I would not be happy," Trump wrote. "ABC & NBC, in particular, are a disaster - A VIRTUAL ARM OF THE DEMOCRAT PARTY. They should be viewed as an illegal campaign to the Radical Left. NO EXPANSION OF THE FAKE NEWS NETWORKS. If anything, make them SMALLER!"Nexstar, Tegna and the did not immediately respond to a CNBC request for comment.The proposed Nexstar-Tegna deal is
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TGNA
News
- Daily Record publisher to shut Glasgow print plant [Yahoo! Finance]Yahoo! Finance
- Nexstar-TEGNA Deal Gets Trump's Endorsement - More Upside Ahead [Seeking Alpha]Seeking Alpha
- Assessing TEGNA (TGNA) Valuation As Recent Returns Contrast With Its Undervalued Narrative [Yahoo! Finance]Yahoo! Finance
- Trump backs Nexstar's $6.2 billion takeover of broadcast rival Tegna, a few months after blasting merger of ‘Radical Left Networks' By Christopher Rugaber and The Associated Press By Christopher Rugaber and The Associated Press February 7, 2026, 5:13 PMAcquire Media Monitor
- Trump Gives Thumbs-Up to Nexstar Deal for Tegna, Would Give Broadcaster Cap-Busting 80% of TV Households [Yahoo! Finance]Yahoo! Finance
TGNA
Earnings
- 11/10/25 - Miss
TGNA
Sec Filings
- 12/17/25 - Form 4
- 12/17/25 - Form 4
- 12/17/25 - Form 4
- TGNA's page on the SEC website