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Nexstar to Acquire Tegna in $6.2 Billion Deal, Marking Big Move to Consolidate Local TV Biz
The purchase price is inclusive of Tegna’s net debt and estimated transaction fees and expenses. The deal, subject to regulatory approval including by the FCC, is expected to close by the second half ...
Nexstar had been in talks with smaller rival Tegna to merge its local TV stations amid the continuing consolidation of the U.S. broadcast sector. By Etan Vlessing Canada Bureau Chief Leading local TV ...
NBC affiliate 9News draws the most viewers to its daily newscasts, followed by KDVR (Fox), KCNC (CBS), KMGH (ABC) and KWGN ...
To close the deal, Nexstar will need approval from the Federal Communications Commission, which could cement its position as the biggest provider of local TV in the U.S. By Benjamin Mullin The local ...
Nexstar, the biggest owner of US TV stations, is trying to get even bigger, believing the Trump administration will allow it to do so. On Tuesday, Nexstar announced a deal to acquire another broadcast ...
TV watchers in Indianapolis may soon flip through the local news channels and find three of them owned and their broadcasts produced by the same company. Nexstar, the largest TV station owner in the ...
Deal valued at $6.2 billion, including debt Expands reach to 80% of U.S. TV households Companies bet on looser antitrust policies under Trump administration Aug 19 (Reuters) - Nexstar Media has agreed ...
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