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Nexstar-Tegna deal puts Trump move to eliminate broadcast ownership rules to the test

Nextstar is looking to buy Tegna in a $6.2 billion cash deal — but will the FCC allow it despite a conflict with current TV ownership rules?

Nexstar to buy rival Tegna for $6.2B — creating nationwide local TV giant

Nexstar beat out rival Sinclair, which was offering between $25 and $30 per share, significantly above Nexstar's winning bid.

Irving-based Nexstar to buy rival Tegna for $3.54 billion in big local-TV deal

Irving-based Nexstar Media has agreed to buy smaller rival Tegna for $3.54 billion, creating a local-TV powerhouse that seeks to compete better with big
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TEGNA (TGNA) Stock Is Up, What You Need To Know

Shares of broadcasting and digital media company TEGNA (NYSE:TGNA) jumped 4.5% in the morning session after it announced a definitive agreement to be acquired by Nexstar Media Group (Nasdaq: NXST) in an all-cash deal.

Nexstar to Acquire Tegna in $6.2 Billion Local TV Deal, Citing Trump-Backed Initiatives

The deal will give the former 265 television stations in 44 states and D.C., representing 80% of U.S. television households

KCAU 9's Parent Company, Nexstar Media Group, Is Acquiring Tegna For $6.2B

KCAU 9's Parent Company, Nexstar Media Group, Is Acquiring Tegna For $6.2B
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