Nexstar Media Group Inc

NXST: XNAS (USA)

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Nexstar: Tegna Acquisition Creates Value in a Dying Industry, but Regulatory Approval Isn't a Given

Matthew Dolgin

Aug 20, 2025

Nexstar announced the acquisition of Tegna for $6.2 billion in cash, a 31% premium to Tegna's average stock price in the 30 days before Aug. 8, when The Wall Street Journal reported this merger was in the works. This deal would be positive, but it requires changes to existing regulations.

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Nexstar Media Group Inc

Nexstar: Tegna Acquisition Creates Value in a Dying Industry, but Regulatory Approval Isn't a Given

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