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Federal Judge Blocks Nexstar-Tegna TV Merger Over Antitrust Concerns

A federal judge issued a preliminary injunction, effectively 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, with Nexstar vowing to appeal the decision.

18 Apr, 01:01 — 18 Apr, 13:39
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Sources

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APVery High14h ago

Federal judge blocks Nexstar-Tegna TV station merger until antitrust lawsuit is settled - AP News

Federal judge blocks Nexstar-Tegna TV station merger until antitrust lawsuit is settled  AP News

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NYTMostly Factual12h ago

Federal Court Temporarily Freezes Nexstar’s Merger With Tegna

The judge said the two television companies could not combine operations while an antitrust lawsuit proceeded. Nexstar said its deal was already done.

By Benjamin Mullin

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wsjHigh12h ago

Judge Halts Nexstar-Tegna TV Station Merger - WSJ

Judge Halts Nexstar-Tegna TV Station Merger  WSJ

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wapoMostly Factual13h ago

Federal judge blocks $6 billion Nexstar-Tegna TV merger

A federal judge ruled that DirecTV and eight state attorneys general were likely to win a case seeking to block a deal that would transform local TV.

By Liam Scott

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NPRHigh13h ago

Judge halts local TV giant Nexstar's takeover of rival Tegna until trial

U.S. Judge Trevor Nunley ruled that consumers could suffer irreparable harm if Nexstar integrated Tegna's stations into its own operations ahead of an antitrust trial.

By David Folkenflik

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CNNMostly Factual13h ago

Federal judge blocks politically fraught TV station merger - CNN

Federal judge blocks politically fraught TV station merger  CNN

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cnbcMostly Factual5h ago

Nexstar says it will appeal following U.S. judge ruling halting Tegna merger

Nexstar will appeal a judge's ruling halting its acquisition of rival broadcaster Tegna, as ​antitrust challenges from DirecTV ​and a group of states proceed.

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varietyMostly Factual13h ago

Judge Issues Preliminary Injunction Against Nexstar-Tegna Takeover, Orders Nexstar to Halt Integration Plans

A federal judge in Sacramento has issued a preliminary injunction against Nexstar’s acquisition of Tegna TV stations as part of DirecTV’s lawsuit to block the merger of TV station groups. U.S. District Court Judge Troy Nunley of California’s Eastern District issued the 52-page ruling late Friday, siding with DirecTV’s argument that allowing Nexstar to move […]

By Cynthia Littleton

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deadlineMostly Factual13h ago

Nexstar Decries $6.2B Tegna Deal Being Blocked By Judge, Vows Appeal

Thwarted today in what looked to be a Donald Trump approved $6.2 billion local station mega-deal to merge with Tegna, Nexstar are vowing to march forward in the courts. At the same time, New York’s Attorney General Letitia James, one of the leading advocates to stop the Nexstar-Tegna combo, is promising to continue to stop […]

By Dominic Patten

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seeking-alphaMixed1h ago

Nexstar-Tegna TV merger in doubt as judge blocks the $6.2B deal

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