Judge Halts Nexstar-Tegna Merger, Ruling That Deal Is ‘Presumed Likely to ‌Violate Antitrust Laws’

Government

Nexstar Media ‘s $6.2 billion acquisition of rival TV station group owner Tegna is on hold after a federal judge ruled that the proposed merger “is presumed likely to ‌violate ⁠antitrust laws based on the combined firm market share alone.” The deal would augment Nexstar, already the biggest TV station group in the U.S., with Tegna’s footprint — resulting in a company with 259 full-power stations affiliated with networks including ABC, CBS, Fox and NBC. The deal would give the combined company

Judge puts the brakes on Nexstar-Tegna television merger https://www.upi.com - 30.03.2026 02:12

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Judge puts the brakes on Nexstar-Tegna television merger https://www.upi.com - 30.03.2026 02:12