More States Join Legal Challenge to Nexstar, Tegna Merger

More states join legal challenge to Nexstar, Tegna merger

By Daniel Wiessner April 30 (Reuters) – Five more U.S. states are joining an antitrust lawsuit challenging Nexstar’s acquisition of rival broadcaster Tegna after ​a judge temporarily blocked the deal from ‌proceeding, California’s attorney general said on Thursday. Attorney General Rob Bonta, a Democrat whose office joined seven other states in suing over the $6.2 billion deal in March, said Massachusetts, ‌Vermont, ​and his Republican counterpa…

Legal battle to halt Nexstar-Tegna TV station merger expands with five new states

With the addition of the five new states, California Atty. Gen. Rob Bonta's battle to block the merger is now bipartisan.

Sinclair CEO Calls State AG Case Against Nexstar-Tegna Merger 'Flimsy'

Sinclair President and CEO Chris Ripley told investors Thursday that he has confidence that the $6.2 billion Nexstar-Tegna merger will go through despite antitrust lawsuits against it. “We do think that the case brought against that deal is very flimsy in terms of the merits,” Ripley said on the earnings call Thursday. “We have a lot of faith that they’ll play through this…We can significantly mitigate a similar playbook in future transactions.”…

D.C. Court Denies Emergency Stay of Nexstar/Tegna Merger

The ruling noted that a preliminary injunction pausing the merger reduced the immediate `potential harm’ facing DirecTV, Newsmax and others who are trying to block the deal

Five more states join the lawsuit filed last month by eight states seeking to block Nexstar's Tegna acquisition, which Nexstar said the DOJ and FCC approved

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With California Move, D.C. Appeals Court Nixes Nexstar/TEGNA Stay

On April 17, just hours before a temporary retraining order preventing Nexstar Media Group from fully integrating the assets it acquired with regulatory approval from TEGNA, Sacramento-based Chief U.S. District Judge Troy Nunley issued a Preliminary Injunction preventing the company founded three decades ago by Perry Sook from proceeding from a “hold separate” order — essentially keeping TEGNA as-is prior to the rule-busting merger of the two co…