News
WASHINGTON] Nexstar Media Group agreed to buy TV station operator Tegna for US$3.5 billion in a deal that stands to dramatically expand Nexstar’s reach and test the Trump administration’s appetite for ...
Any potential merger would be difficult to close because of Sinclair and Tegna's combined debt load, the person said, asking ...
Nexstar had been in talks with smaller rival Tegna to merge its local TV stations amid the continuing consolidation of the ...
Within San Antonio, TEGNA oversees operations of KENS 5, while Nexstar doesn't have a dedicated station covering the Alamo ...
Nexstar beat out rival Sinclair, which was offering between $25 and $30 per share, significantly above Nexstar's winning bid.
Nexstar’s proposed $6.2 billion acquisition of Tegna could bring Cleveland’s WJW and WKYC under one owner, but regulatory ...
About a week after Hunt Valley-based Sinclair Inc. said it will consider buying or selling TV stations as broadcast deals heat up, a $6.2 billion deal between two rivals could set off an industry ...
The deal will give the former 265 television stations in 44 states and D.C., representing 80% of U.S. television households ...
Nexstar's merger with Tegna was approved by Tegna's board of directors. If it goes through, Nexstar could strengthen its hold in two California cities.
Nexstar Media, owner of Fox 40 (KTXL), announced Monday it plans to acquire Tegna, the parent company of ABC 10 (KXTV), in a $6.2 billion cash deal that includes Tegna’s outstanding debt.
Nexstar’s takeover of Tegna, enabled by Trump-era deregulation, positions the company to reach 80% of U.S. households ...
The planned $6.2 billion acquisition of Tegna by Nexstar Media Group would create the largest TV station operator in the nation's history and could reshape the local media landscape in New Orleans.
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