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

Shares of broadcasting and digital media company TEGNA (NYSE:TGNA) jumped 4.5% in the morning session after it announced a ...

The proposed merger would conflict with current federal rules that prevent the ownership of two television stations in the ...

Nexstar’s proposed $6.2 billion acquisition of Tegna could bring Cleveland’s WJW and WKYC under one owner, but regulatory ...

Nexstar Media has agreed to buy smaller rival Tegna for $3.54 billion, creating a local-TV powerhouse that seeks to compete ...

To close the deal, Nexstar will need approval from the Federal Communications Commission, which could cement its position as ...

Nexstar Media will acquire rival broadcast company Tegna for $6.2 billion according to a joint announcement on Tuesday, ...

Nextstar is looking to buy Tegna in a $6.2 billion cash deal — but will the FCC allow it despite a conflict with current TV ...

Nexstar Media Group is buying broadcast rival Tegna for $6.2 billion, bringing together two major players in U.S. television ...

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Nexstar Media announced it will purchase Tegna, the broadcast arm of Gannett. It will buy all shares of Tegna for $22 per ...

U.S. television station owner Sinclair has made an offer to merge its broadcast TV business with smaller rival Tegna , which ...