Eight US States Seek to Block $3.5 Billion Nexstar and Tegna Merger

Eight US states have asked a judge to issue a temporary restraining order to halt the $3.5 billion merger of Nexstar Media Group and Tegna, arguing the deal would create the largest broadcast station group, cut jobs, and increase consumers’ cable bills.

21 Mar, 20:02 — 21 Mar, 20:02

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The GuardianMostly Factual145d ago

Eight US states ask judge to temporarily stop $3.5bn Nexstar and Tegna merger

States argue deal would create largest broadcast station group in US, cut jobs and increase consumers’ cable bills Eight states asked a US judge on Friday to issue a temporary restraining order to stop a $3.5bn merger of Nexstar Media Group and Tegna. On Thursday, the local broadcast station owners received merger approval from the Federal Communications Commission (FCC) and the US Department of Justice and said they had closed the transaction two hours after approval, the day after the state...

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Eight US States Seek to Block $3.5 Billion Nexstar and Tegna Merger

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Eight US states ask judge to temporarily stop $3.5bn Nexstar and Tegna merger

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