TV Giant Nexstar Agrees to Acquire a Rival, Tegna
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Nexstar’s proposed $6.2 billion acquisition of Tegna could bring Cleveland’s WJW and WKYC under one owner, but regulatory hurdles make the deal’s local impact uncertain.
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Nexstar CEO praises Trump administration as local TV giant announces $6.2 billion merger with rival
The initiatives being pursued by the Trump administration offer local broadcasters the opportunity to expand reach, level the playing field, and compete more effectively,’ Perry Sook said in a statement on Tuesday.
Nexstar Media Group is buying broadcast rival Tegna for $6.2 billion, which will help strengthen its local news offerings.
About a week after Hunt Valley-based Sinclair Inc. said it will consider buying or selling TV stations as broadcast deals heat up, a $6.2 billion deal between two rivals could set off an industry
(NEXSTAR) — Two Americans are dead after separate drowning incidents at a multi-million dollar “exclusive” vacation destination in the Bahamas, according to authorities.