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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.

Former WTHR employee concerned acquisition between TEGNA and Nexstar may lead to layoffs

A former marketing producer for WTHR shares concerns of potential layoffs due to potential Nexstar Media Group acquisition of TEGNA.

Nexstar To Acquire Tegna For $6.2B In Local TV Megadeal Fueled By Donald Trump Deregulation

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 control of local media.
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