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Los Angeles Magazine3h

Nexstar’s $6.2B Takeover of Tegna Could Reshape Local TV

Nexstar’s takeover of Tegna, enabled by Trump-era deregulation, positions the company to reach 80% of U.S. households

San Antonio's KENS, Austin's KVUE to get new owner in Nexstar-Tegna merger

The $6.2 billion cash transaction would expand Nexstar’s station group to 265 outlets nationwide, including a bigger foothold in Texas.

Texas-based Nexstar eyes staggering $6B acquisition to expand TV footprint

Within San Antonio, TEGNA oversees operations of KENS 5, while Nexstar doesn't have a dedicated station covering the Alamo City. Looking northward, it would change the media landscape within the Texas capital market,

Nexstar to Buy Tegna for $3.5 Billion in Bet on FCC Reforms

Nexstar Media Group Inc. agreed to buy TV station operator Tegna Inc. for $3.5 billion in a deal that stands to dramatically expand Nexstar’s reach and test the Trump administration’s appetite for regulatory reform.

Owner of WAVY-TV purchasing parent company of 13News Now in deal worth $6.2 billion

Nexstar Media Group, the parent company of Portsmouth-based WAVY-TV and WVBT-TV, is buying local news broadcast rival Tegna, the parent company of Norfolk-based 13News Now or WVEC-TV, for $6.2
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