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Nexstar announced Tuesday that it intends to buy Tegna for $6. 2 billion — a deal that has been rumored for weeks.
Nexstar beat out rival Sinclair, which was offering between $25 and $30 per share, significantly above Nexstar’s winning bid.
The deal will give the former 265 television stations in 44 states and D.C., representing 80% of U.S. television households ...
Nexstar, the No. 1 owner of TV stations in the U.S., is acquiring rival Tegna in a deal that challenges decade-old limits on ...
The purchase price is inclusive of Tegna’s net debt and estimated transaction fees and expenses. The deal, subject to ...
The three broadcast companies divide Portland's TV market.
A blockbuster deal, a fallen rival, and a shot at dominating 80% of American screens--if regulators don't blink.
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.
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