Tegna
Coverage of Tegna in the Nexus archive.
- STEVE FORBES: Regulators risk destroying local TV by blocking key media merger
The Nexstar-Tegna merger is a pro-growth deal that would strengthen local journalism by providing more resources and scale to compete in a global marketplace. Regulators risk destroying local TV by blocking the deal. The merger is crucial for the survival of local broadcasters.
- Legal battle to halt Nexstar-Tegna TV station merger expands with five new states
A legal battle to block the Nexstar-Tegna TV station merger has expanded with five new states joining California Attorney General Rob Bonta's efforts. The challenge is now bipartisan, indicating broader opposition to the merger.
- Judge orders Nexstar-Tegna to pause merger
A U.S. district judge issued a preliminary injunction halting Nexstar and Tegna's $6.2 billion merger, citing potential harm to competition and consumer prices. DirecTV and eight states argued the deal would reduce competition and violate FCC ownership rules. Nexstar plans to appeal the ruling.
- Federal judge blocks Nexstar-Tegna TV station merger until antitrust lawsuit is settled
A federal judge has blocked the merger between Nexstar Broadcasting Group and Tegna until an antitrust lawsuit is resolved. The decision aims to prevent potential market concentration issues in the TV station industry.
- Federal judge blocks Nexstar-Tegna TV station merger until antitrust lawsuit is settled
A federal judge blocked the $6.2 billion merger between Nexstar Media Group and Tegna due to antitrust concerns, citing potential price hikes for consumers, reduced local journalism, and monopolistic risks. The ruling halts the deal until a lawsuit by eight attorneys general and DirecTV is resolved, despite prior approval by the FCC and DOJ.
- Judge halts local TV giant Nexstar's takeover of rival Tegna until trial
A U.S. judge has temporarily blocked Nexstar's acquisition of Tegna, citing potential irreparable harm to consumers if the merger proceeds before an antitrust trial. The ruling emphasizes concerns over market consolidation in the local TV industry.
- Judge blocks Nexstar's acquisition of Tegna until antitrust suit resolved
A judge has blocked Nexstar's acquisition of Tegna pending resolution of an antitrust lawsuit. The deal, already approved by the FCC, would have created a media company owning 265 TV stations across 44 states and Washington, D.C.
- Two local TV giants merged. Then a court stepped in
Nexstar's $6.2 billion deal to acquire Tegna received rapid approval from Trump administration regulators but faces anti-trust lawsuits. The merger of two local TV giants is now under legal challenge.
- Federal judge could halt Nexstar-Tegna TV station merger
A federal judge may block the merger between Nexstar and Tegna. Nexstar's lawyers claim the merger will not reduce competition in the TV station market.
- California attorney general asks judge to block Nexstar-Tegna merger
California's attorney general has requested a court to block the Nexstar-Tegna merger, despite the companies securing FCC approval and finalizing a $6.2-billion takeover. The legal challenge follows regulatory clearance, indicating potential antitrust concerns.
- Nexstar finalizes acquisition of Tegna's TV stations, despite opposition
Nexstar Media Group has finalized the acquisition of Tegna's TV stations, despite opposition from several state attorneys general. The deal expands Nexstar's media holdings and faces legal challenges from regulators concerned about market concentration.