International Companies

Nexstar to buy rival broadcasting group Tegna for $6.2bn

By Benjamin Chiou

Date: Tuesday 19 Aug 2025

(Sharecast News) - American broadcasting group Nexstar is to acquire rival Tegna for $6.2bn, bolstering its position in the local media market.
Nexstar said it is buying Tegna for $22.00 a share, representing a 31% premium to the average stock price over the 30 days prior to 8 August, when media...

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