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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 ...
Nexstar had been in talks with smaller rival Tegna to merge its local TV stations amid the continuing consolidation of the ...
About a week after Hunt Valley-based Sinclair Inc. said it will consider buying or selling TV stations as broadcast deals heat up, a $6.2 billion deal between two rivals could set off an industry ...
U.S.-based Sinclair Inc. ($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 ...
An announcement that Nexstar plans to buy KENS5's corporate parent comes just four months after the station laid off newsroom ...
Nexstar’s takeover of Tegna, enabled by Trump-era deregulation, positions the company to reach 80% of U.S. households ...
A blockbuster deal, a fallen rival, and a shot at dominating 80% of American screens--if regulators don't blink.