TEGNA
TEGNA ($TGNA) is a local broadcast company that operates more than five dozen local television stations in 66 markets across the country. The company is based in Arlington County, Virginia.
Until 2015, TEGNA was part of Gannett Company.
States seek court restraining order to block Nexstar-TEGNA merger
Officials argue the merger violates antitrust laws and prioritizes corporate interests over consumers.
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Lawsuits against Nexstar will continue after company closes TEGNA deal
Plaintiffs argue the merger creates excessive market concentration and could lead to higher TV distribution fees.
EXCLUSIVE
FCC Commissioner Gomez criticizes agency’s approval of Nexstar-TEGNA deal
Gomez said the decision was rushed and should have undergone a full Commission vote and public review.
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FCC says it granted ownership rule waivers to approve Nexstar-TEGNA deal
Regulators said the deal serves the public interest amid growing competition from large media and streaming companies.
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Nexstar says it closes TEGNA acquisition, despite lawsuits
Nexstar Media Group on Thursday said it closed on its $6 billion acquisition of peer broadcaster TEGNA, despite two federal lawsuits that were recently filed meant to prevent the transaction from moving forward.
California, other states sue to block Nexstar-TEGNA merger
The attorneys general of California and eight other states have filed a federal lawsuit seeking to block Nexstar Media Group's proposed $6 billion acquisition of peer broadcaster TEGNA.
Opponents of Nexstar-TEGNA merger accuse CEO of “doublespeak”
Two organization said Nexstar CEO Perry Sook’s comments to investors contradict claims made to regulators about market challenges and economic studies.
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Report: Nexstar wants $2.75 billion bank loan for TEGNA acquisition
A group of major banks led by Bank of America are arranging a $2.75 billion leveraged loan to help finance Nexstar Media Group’s proposed acquisition of TEGNA.
States may sue to block Nexstar-TEGNA deal
The transaction still requires DOJ review, and approval may hinge on FCC ownership rule changes, waivers or station divestitures.
TEGNA pays $6,000 to settle FCC probe over public inspection files
TEGNA will pay $6,000 to settle an investigation over delayed public inspection reports related to one of its local TV stations.
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TEGNA ad revenue climbs 4 percent during Q4; distribution income dips
Executives at TEGNA say the company's deal to be acquired by Nexstar should cross the finish line by the second half of this year.
EARNINGS REPORT
Nexstar CEO: TEGNA deal expected to close in late 2026, station sales possible
Nexstar has provided federal and state regulators with proprietary information about its proposed acquisition of TEGNA; it could be required to sell off some stations to close the deal.
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