Nexstar-Tegna Merger Faces Another Antitrust Lawsuit As DirecTV Sues To Block Transaction
Less than a day after a group of states sued to block Nexstar’s proposed acquisition of Tegna, creating a broadcasting giant, DirecTV has filed an antitrust claim to stave off the transaction.
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DirecTV Sues to Block Nexstar-Tegna Local TV Deal on Heels of Antitrust Lawsuit From 8 States: ‘DirecTV and Its Subscribers Will End Up Paying More for Less’
DirecTV on Thursday filed a federal antitrust alleging that the proposed $6.2 billion Nexstar Media deal to buy rival Tegna violates the federal antitrust laws — and would significantly harm consumers. The pay-TV provider’s suit, filed in the U.S. District Court for the Eastern District of California, Sacramento Division, follows a multistate lawsuit filed in […]
By Todd Spangler
Read full article →Nexstar-Tegna Merger Faces Another Antitrust Lawsuit As DirecTV Sues To Block Transaction
Less than a day after a group of states sued to block Nexstar’s proposed acquisition of Tegna, creating a broadcasting giant, DirecTV has filed an antitrust claim to stave off the transaction. The lawsuit, filed in U.S. District Court in Sacramento on Thursday, makes similar claims, that the combined company will be able to extract […]
By Ted Johnson
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