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Nexstar beat out rival Sinclair, which was offering between $25 and $30 per share, significantly above Nexstar's winning bid.
Any potential merger would be difficult to close because of Sinclair and Tegna's combined debt load, the person said, asking ...
20hon MSN
As Hunt Valley-based Sinclair mulls mergers, two broadcast rivals reach a $6.2 billion deal
About a week after Hunt Valley-based Sinclair Inc. said it will consider buying or selling TV stations as broadcast deals heat up, a $6.2 billion deal between two rivals could set off an industry ...
Nexstar had been in talks with smaller rival Tegna to merge its local TV stations amid the continuing consolidation of the ...
23h
TipRanks on MSNM&A News: Local TV Rivals Sinclair and Tegna Consider Historic Merger
U.S.-based Sinclair Inc. ($SBGI) has reportedly proposed a merger of its broadcast TV business with smaller rival Tegna ...
The deal will give the former 265 television stations in 44 states and D.C., representing 80% of U.S. television households ...
Nexstar’s proposed $6.2 billion acquisition of Tegna could bring Cleveland’s WJW and WKYC under one owner, but regulatory ...
Nexstar’s takeover of Tegna, enabled by Trump-era deregulation, positions the company to reach 80% of U.S. households ...
Within San Antonio, TEGNA oversees operations of KENS 5, while Nexstar doesn't have a dedicated station covering the Alamo ...
WASHINGTON] Nexstar Media Group agreed to buy TV station operator Tegna for US$3.5 billion in a deal that stands to dramatically expand Nexstar’s reach and test the Trump administration’s appetite for ...
The $6.2 billion cash transaction would expand Nexstar’s station group to 265 outlets nationwide, including a bigger foothold in Texas.
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