IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Inc. (the "Offeror†), a wholly owned subsidiary of Nexstar Media Group, Inc. (NASDAQ: NXST) ("Nexstar Media Group†), announced today that there will be an Early Settlement Date on March 25, 2026 (the "Early Settlement Date†) for the TEGNA Inc.'s 5.000% Senior Notes due 2029 (the "Notes†) that were tendered by the Early Tender Deadline (as defined below) as part of the previously announced offer to purchase for cash (the "Tender Offer†) any and all o. ...

IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group, Inc. (NASDAQ: NXST) ("Nexstar†or the "Company†) announced today that Nexstar Media Inc. ("Nexstar Media†), its wholly-owned subsidiary, has priced its previously announced offering of $3,390 million in aggregate principal amount of 6.500% new senior secured notes due 2033 (the "Secured Notes†) and $1,725 million in aggregate principal amount of 7.250% new senior notes due 2034 (the "Unsecured Notes†and, together with the Secured Notes, the. ...

As state attorneys seek to stop Nexstar‘s merger with Tegna, a new group is appealing the FCC‘s greenlight to the massive broadcast merger, calling out Donald Trump‘s “unprecedented presidential directive” to “Get That Deal Done!” The plaintiffs in the case include Newsmax and a collection of state cable and broadband associations, including ones in Pennsylvania, Washington, Indiana, Mississippi and Tennessee. DirecTV, which has already filed a separate antitrust lawsuit, is also seeking to join the new la ...

Eight states asked a US judge on Friday to issue a temporary restraining order to stop a $3.5bn merger of Nexstar Media Group and Tegna.On Thursday, the local broadcast station owners received merger approval from the Federal Communications Commission (FCC) and the US Department of Justice and said they had closed the transaction two hours after approval, the day after the states filed their lawsuit.The states argue that the deal, which would create the largest broadcast station group in the US, would “put ...

Nexstar, which owns KTLA-TV Channel 5 in Los Angeles, this week received FCC approval to grow to 265 stations. (Gary Coronado/Los Angeles Times) California Atty. Gen. Rob Bonta is asking a judge to unravel Nexstar Media Group's $6.2-billion acquisition of rival TV station owner Tegna — the latest in a flurry of merger twists. Nexstar announced late Thursday that it had consummated the Tegna takeover — despite a lawsuit that Bonta and seven other Democratic state attorneys general had filed in federal cour ...

Core Insights - The Vita Coco Company Inc. will replace TEGNA Inc. in the S&P SmallCap 600 effective March 25, 2026, following Nexstar Media Group's acquisition of TEGNA [1][2]. Group 1: Company Changes - The Vita Coco Company will be added to the S&P SmallCap 600 index under the ticker COCO in the Consumer Staples sector [2]. - TEGNA will be removed from the S&P SmallCap 600 index under the ticker TGNA in the Communication Services sector [2]. Group 2: Index Information - S&P Dow Jones Indices is recognized as the largest global resource for index-based concepts, data, and research, managing iconic financial market indicators [2][3].

Core Viewpoint - The states have raised concerns that the proposed deal would lead to excessive concentration in certain local TV markets [1] Group 1 - The deal is being scrutinized by states due to potential market concentration issues [1]

Wall Street is upbeat about the impact of Nexstar‘s $6.2 billion acquisition of local TV rival Tegna, mainly because it could trigger another wave of consolidation. That’s also the prevailing view across the industry, even among Nexstar’s biggest rivals. Nexstar announced the closing of the transaction Thursday evening, soon after the FCC and the Department of Justice said they had granted their approval. Legal challenges remain, however, with state attorneys general and major pay-TV operator DirecTV fil ...

A day after Nexstar said that it had closed its deal to buy Tegna, creating a broadcasting giant, California and seven other states filed an emergency motion to stop it. The motion for a temporary restraining order was filed Friday in Sacramento, seeking court action to halt integration and consolidation of the two companies. California Attorney General Rob Bonta and the other AGs filed suit to block the merger Wednesday, but were not seeking a TRO or a preliminary injunction. But that strategy changed aft ...

Eight states ask US judge to temporarily block Nexstar, Tegna merger | Reuters Skip to main content Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv A view of the U.S. Department of Justice, after U.S. President Donald Trump and members of his family sued the IRS and the U.S. Treasury Department for $10 billion for disclosing their tax... Purchase Licensing Rights, opens new tabRead more Companies Nexstar Media Group Inc Follow Tegna Inc The states argue that th ...