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The deal signifies major changes the broadcasting industry has undergone since President Donald Trump was elected in November, and promised to lower regulation.
Nexstar beat out rival Sinclair, which was offering between $25 and $30 per share, significantly above Nexstar’s winning bid.
Nexstar says its $6.2 billion takeover of Tegna is expected to close in the second half of 2026 — timing that would align with the lucrative wave of political ads during the midterm elections. But ...
The initiatives being pursued by the Trump administration offer local broadcasters the opportunity to expand reach, level the ...
The $6.2 billion cash transaction would expand Nexstar’s station group to 265 outlets nationwide, including a bigger foothold ...
Tegna owns Buffalo's WGRZ 2, the local NBC affiliate. Nexstar owns Buffalo's WIVB 4, the local CBS affiliate. © 2025 American ...
To close the deal, Nexstar will need approval from the Federal Communications Commission, which could cement its position as ...
Nexstar, the biggest owner of US TV stations, is trying to get even bigger, believing the Trump administration will allow it ...
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According to Nexstar’s Chairman and CEO, Perry A. Sook, the acquisition of Tegna, which follows the Trump administration’s ...
Belo sold WFAA to Gannett in 2013, with Gannett splitting its broadcast and print ventures the next year, which is how Tegna came to own the station. Three years ago, there was a deal with Standard ...
With the announced sale of 10TV, two companies may own Central Ohio's four commercial television stations by the end of 2026.
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