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Nexstar Tegna Deal Halted

B
Benzinga

514 Views • Mar 30, 2026

Description

A federal judge halted the $6.2B Nexstar-Tegna merger with a 14-day restraining order after DirecTV and eight AGs challenged the deal on antitrust grounds. The combined company would have reached 60% of U.S. households after the FCC waived its 39% ownership cap, creating the largest local TV operator in the country.

Keywords & Tags

#NASDAQ #antitrust #FCC #DirecTV #LegalNews #MergersAndAcquisitions #MediaIndustry #LocalTV #Nexstar #Tegna

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