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Nexstar to Acquire Tegna in $6.2 Billion Local TV Deal, Citing Trump-Backed Initiatives

The deal will give the former 265 television stations in 44 states and D.C., representing 80% of U.S. television households

Nexstar to Acquire Tegna in $6.2 Billion Deal, Marking Big Move to Consolidate Local TV Biz

In a deal to combine two major players in the local TV station biz, Nexstar Media Group said it reached an agreement to buy Tegna in a transaction valued at $6.2 billion.

Nexstar Media Group, Inc. Enters into Definitive Agreement To Acquire TEGNA Inc. for $6.2 Billion in Accretive Transaction

Enhances Nexstar’s Position as a Leading Local Media Company Preserves High-Quality Local Journalism and Diversity of Opinion Strengthens Ability to Compete with Big Tech and Big Media

San Antonio's KENS, Austin's KVUE to get new owner in Nexstar-Tegna merger

The $6.2 billion cash transaction would expand Nexstar’s station group to 265 outlets nationwide, including a bigger foothold in Texas.
Los Angeles Magazine2h

Nexstar’s $6.2B Takeover of Tegna Could Reshape Local TV

Nexstar’s takeover of Tegna, enabled by Trump-era deregulation, positions the company to reach 80% of U.S. households

KCAU 9's Parent Company, Nexstar Media Group, Is Acquiring Tegna For $6.2B

KCAU 9's Parent Company, Nexstar Media Group, Is Acquiring Tegna For $6.2B

Texas-based Nexstar eyes staggering $6B acquisition to expand TV footprint

Within San Antonio, TEGNA oversees operations of KENS 5, while Nexstar doesn't have a dedicated station covering the Alamo City. Looking northward, it would change the media landscape within the Texas capital market,

Owner of WAVY-TV purchasing parent company of 13News Now in deal worth $6.2 billion

Nexstar Media Group, the parent company of Portsmouth-based WAVY-TV and WVBT-TV, is buying local news broadcast rival Tegna, the parent company of Norfolk-based 13News Now or WVEC-TV, for $6.2
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