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Federal Judge Halts Nexstar-Tegna $6.2B Merger Amid Antitrust Concerns
BusinessAPNYTwsj+8wapoNPRCNNcnbcBusiness Insidervarietydeadlineseeking-alpha2d ago11 sources

Federal Judge Halts Nexstar-Tegna $6.2B Merger Amid Antitrust Concerns

A federal judge has issued a preliminary injunction, temporarily blocking the proposed $6.2 billion merger between local TV giants Nexstar and Tegna. The ruling halts the deal until an antitrust lawsuit is settled, prompting Nexstar to announce an appeal.

Nexstar-Tegna Merger Faces Antitrust Lawsuits
PoliticsNPR7d ago

Nexstar-Tegna Merger Faces Antitrust Lawsuits

The $6.2 billion acquisition deal between local TV giants Nexstar and Tegna, despite quick approval from Trump administration regulators, is now facing significant challenges from two antitrust lawsuits.

Eight States, DirecTV Sue to Block Nexstar-Tegna Merger
BusinessAPReutersbloomberg+7NYTNPRcnbcmarketwatchBusiness InsiderThe Independentseeking-alpha1mo ago10 sources

Eight States, DirecTV Sue to Block Nexstar-Tegna Merger

DirecTV and eight state attorneys general have filed antitrust lawsuits to block the proposed $6.2 billion merger between Nexstar and Tegna, citing concerns over pay-TV prices and jobs, with state officials calling the merger illegal, even after President Donald Trump endorsed it in February.