News

Nexstar's bid for Tegna could shake up WATE and WBIR

The acquisition needs approval from the Federal Communications Commission, but WATE and WBIR could operate as the same ...

Nexstar’s takeover of Tegna would require an overhaul of FCC ownership rules | Column

Nexstar announced Tuesday that it intends to buy Tegna for $6. 2 billion — a deal that has been rumored for weeks.

Nexstar to Acquire Tegna in $6.2 Billion Local TV Deal, Citing Trump-Backed Initiatives

The deal will give the former 265 television stations in 44 states and D.C., representing 80% of U.S. television households ...

Nexstar to buy rival Tegna for $6.2B — creating nationwide local TV giant

Nexstar beat out rival Sinclair, which was offering between $25 and $30 per share, significantly above Nexstar’s winning bid.

Nexstar's $3.5B Power Grab: The Local TV Takeover That Could Rewrite Broadcast History

A blockbuster deal, a fallen rival, and a shot at dominating 80% of American screens--if regulators don't blink.

A tug-of-war to buy DC’s channel 9 owner emerges

Tysons, Virginia-based broadcaster Tegna, whose 64 stations include WUSA Channel 9 in D.C., agreed to be acquired by larger local TV station owner Nexstar.

No. 1 owner of TV stations in US buying rival for $6.2 billion: What does it mean for Alabama?

America’s largest owner of television stations announced a blockbuster deal to acquire a rival. Nexstar is buying Tegna for $6.2 billion in a deal that promises to reshape the television industry, ...

Wall Street Breakfast Podcast: SoftBank Pours $2B Into Intel

Intel scores $2B investment from Japan's SoftBank, shares jump. Sinclair reportedly offers to merge broadcast TV operations ...