Nexstar-Tegna Merger Blocked Until Antitrust Lawsuit Is Settled

Attorney General Raoul Secures Critical Win As Court Orders Halt In Nextstar, Tegna Merger

CHICAGO – Attorney General Kwame Raoul applauded the U.S. District Court for the Eastern District of California after it granted a preliminary injunction halting the merger of Tegna Inc. (Tegna) and Nexstar Media Group, Inc. (Nexstar) while litigation in this case proceeds.Raoul and a coalition of eight attorneys general requested an emergency order when the companies recently received merger approval from the Federal Communications Commission a…

Nexstar-Tegna Deal Questions Dodged By FCC Media Bureau Officials At NAB

The $6.2 billion merger of Nexstar and Tegna, a game-changing deal poised to reshape the media business, has been on the lips of many NAB Show attendees this week. But a panel Monday afternoon with three FCC officials asked to explain the commission’s review of the transaction yielded few answers. Even though the FCC and Department of Justice antitrust division both approved the transaction and Nexstar declared it to be closed, paying off Tegn…

Judge temporarily blocks Nexstar's $6.2B Tegna deal

A preliminary injunction issued by Judge Troy Nunley of the U.S. District Court for the Eastern District of California will hold until a complaint from eight state attorneys general and DirecTV is resolved. The action comes after Nexstar and Tegna closed their $6.2 billion deal a month ago. Read on to learn more.

Nexstar-Tegna merger blocked until antitrust lawsuit is settled

(NBC, KYMA) - A major media merger, involving Nexstar and Tegna, has been halted by a federal judge in California while an antitrust lawsuit works its way through the courts. The merger involves Nexstar's efforts to acquire Tegna-owned television affiliates across the country in a $6.2 billion deal that would consolidate a large number of local affiliates under one ownership group. Eight attorneys general, including California Attorney General R…

Nexstar/Tegna Uncertainty Clouds TV Landscape

LAS VEGAS -- The outlook for TV consolidation isn't clear, and the whole industry is waiting to see the outcome of Nexstar's legal battle over its Tegna purchase after a federal court issued a preliminary injunction on the deal, said...

Federal Judge Blocks Trump-Approved Nexstar–Tegna Merger

A federal judge has blocked a proposed merger between Nexstar Media Group and Tegna, halting what would have created one of the largest local TV station owners in the United States.