Nexstar weighed in for the first time on a judge's order that halted its merger with Tegna, warning the court that it will have difficulty fully complying because certain aspects of the closed transaction “cannot be reversed.” U.S.

U.S. Senators ​Ted Cruz ‌and Maria Cantwell ​questioned ​the Federal Communications ⁠Commission ​Chair Brendan ​Carr, criticizing his approval ​of ​Nexstar's merger with ‌Tegna , ⁠Bloomberg News reported on ​Monday.

Nexstar stock fell 11% as Monday's trading day neared its end, reflecting investor angst over a federal judge's decision temporarily blocking the company's merger with Tegna. The drop is a stunner for the shares, which have been among the steadiest in the media sector. Over the past five years, they have risen by 94%.

A federal judge on Friday evening granted a temporary restraining order to halt Nexstar's merger with Tegna, a transaction that creates a broadcasting giant with almost 270 stations across the country. U.S. District Judge Troy Nunley sided with DirecTV, which is seeking to block the merger, arguing that it violates antitrust laws.

A U.S. judge late Friday ordered ​Nexstar to temporarily keep ‌Tegna's assets separate pending a review of whether the ​broadcast station owner's $3.54 billion ​acquisition of its rival ⁠Tegna violates federal antitrust ​laws.

The Nexstar-Tegna merger is being challenged in the courts on a number of fronts, but in the meantime it's the source of a political clash between California Governor Gavin Newsom and FCC Chairman Brendan Carr.

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,

Shares of Nexstar Media Group, Inc. (NASDAQ: NXST - Get Free Report) have earned an average recommendation of "Moderate Buy" from the eight brokerages that are presently covering the firm, MarketBeat Ratings reports. Three investment analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average