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Eight States, DirecTV Sue to Block Nexstar-Tegna Merger

DirecTV and eight state attorneys general have filed antitrust lawsuits to block the proposed $6.2 billion merger between Nexstar and Tegna, citing concerns over pay-TV prices and jobs, with state officials calling the merger illegal, even after President Donald Trump endorsed it in February.

19 Mar, 10:43 — 20 Mar, 05:48
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Source Diversity

High (71/100)
10 sources33/33
Spectrum spread4/5 buckets covered25/33
Far L2
Far Left (2)
NYTThe Independent
Left3
Left (3)
NPRBusiness Insidercnbc
Center4
Center (4)
bloombergReutersmarketwatchAP
Right1
Right (1)
seeking-alpha
Far R
Geographic diversity3 regions13/34
US8Intl1UK1

Sources

Showing 8 of 10 sources
APVery High45d ago

Eight states, DirecTV sue to block merger of local television owners Nexstar and Tegna - AP News

Eight states, DirecTV sue to block merger of local television owners Nexstar and Tegna  AP News

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NYTMostly Factual45d ago

F.C.C. Approves Nexstar’s Acquisition of a Local TV Rival

The $6.2 billion deal with Tegna consolidates 265 stations in 44 states and Washington, D.C.

By Daisuke Wakabayashi

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NPRHigh45d ago

FCC approves merger of local television owners Nexstar and Tegna as two lawsuits seek to block it

The Federal Communications Commission on Thursday said it had approved the merger of local television giants Nexstar Media Group and rival Tegna, the same day that two lawsuits trying to block the deal were announced.

By The Associated Press

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cnbcMostly Factual46d ago

Eight states sue to block Nexstar's plan to acquire rival Tegna

California Attorney General Rob Bonta said the ‌proposed merger was illegal and would lead ​to higher pay-TV prices and reduce jobs.

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marketwatchMostly Factual45d ago

The TV megamerger that knocked Jimmy Kimmel off the air is illegal, state officials say

Eight state attorneys general have filed an antitrust suit against the $6.2 billion Nexstar-Tegna merger, which the Trump administration backed after Nexstar moved to suspend Kimmel’s show.

By Lukas I. Alpert

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Business InsiderMostly Factual45d ago

Snowflake makes cuts as part of 'targeted adjustments' to the company's strategy

Snowflake CEO Sridhar Ramaswamy. Tasos Katopodis/Getty Images for Semafor Snowflake made cuts to its technical writing team amid a strategy shift, according to LinkedIn posts. A Snowflake spokesperson called the cuts "targeted adjustments" focused on "long-term" strategy. Tech layoffs are on the rise; Atlassian and Block also cut staff amid AI focus. The $59 billion cloud data company Snowflake made "targeted" staff cuts, the company confirmed. "These actions reflect targeted adjustments to...

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The IndependentMostly Factual45d ago

Eight states and DirecTV sue to block Nexstar and Tegna merger

The merger was endorsed in February by President Donald Trump

By David Bauder

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seeking-alphaMixed45d ago

DirecTV files suit to block Nexstar-Tegna deal on antitrust grounds

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