Nexstar Media’s throttling of Jimmy Kimmel’s late-night show is a massive headache for Disney CEO Bob Iger — but it won’t necessarily be enough to convince regulators to greenlight the local TV ...
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Nexstar to Acquire Tegna In $6.2B Deal
Nexstar Media Group announced a $6.2 billion acquisition of rival broadcaster Tegna, offering Tegna shareholders $22 per share, a 31% cash premium. TSA Has Officially Banned 3 New Items From Checked ...
The studios and offices of KXTV, Channel 10, at 400 Broadway in Sacramento’s Upper Land Park neighborhood on Monday, Dec. 4, 2023. Daniel Hunt [email protected] Nexstar Media, owner of Fox 40 (KTXL), ...
Nexstar Media Group is buying rival Tegna for $6.2 billion in cash, creating a local TV broadcasting giant as the industry bets on regulatory changes to unleash consolidation. The acquisition prices ...
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min Two broadcasting giants are set ...
In a deal to combine two major players in the local TV station biz, Nexstar Media Group said it reached an agreement to buy Tegna in a transaction valued at $6.2 billion. The purchase price is ...
TYSONS, Va. — Nexstar Media Group announced Tuesday that it will acquire TEGNA Inc. in an all-cash transaction valued at $6.2 billion, including the refinancing of TEGNA’s outstanding debt. The ...
Nexstar Media Group is buying broadcast rival Tegna for $6.2 billion, which will help strengthen its local news offerings. The transaction, if approved, will bring together two major players in U.S.
As the regulatory environment becomes more favorable, Nexstar Media Group -- the largest owner of U.S. TV stations -- is buying Tegna, another big TV station company, for a deal valued at $6.2 billion ...
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 ...
Nexstar Media will acquire rival broadcast company Tegna for $6.2 billion according to a joint announcement on Tuesday, another sign of consolidation in an already contracting TV broadcast sector. The ...
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 ...
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