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Nexstar makes $6.2B offer for Tegna

Nexstar Seals Merger With Tegna in $6.2 Billion TV Mega Deal

The merger deal, which requires regulatory approvals, is seen as a test for the FCC to loosen local TV station ownership rules as it gets set to rule on the Nexstar-Tegna agreement.

· 17h

Nexstar agrees to acquire Tegna in $6.2-billion TV station group deal

· 4h · on MSN

Nexstar makes $6.2B offer for Tegna; deal could affect 2 Sacramento TV stations

· 15h

Nexstar agrees to buy Tegna for $6.2 billion, a massive consolidation of local TV stations

On Tuesday, Nexstar announced a deal to acquire another broadcast station heavyweight, Tegna, in a $6.2 billion deal including debt.

· 1d

Sinclair offers to merge broadcast TV business with rival Tegna, source says

· 17h

TV broadcaster Nexstar to acquire rival Tegna for $3.54 billion

3hon MSN

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.

7hon MSN

Nexstar-Tegna merger could reshape Cleveland TV landscape, combining WKYC and WJW

Nexstar’s proposed $6.2 billion acquisition of Tegna could bring Cleveland’s WJW and WKYC under one owner, but regulatory hurdles make the deal’s local impact uncertain.