Nexstar Media Group Completes Acquisition of TEGNA Inc.
Nexstar Media Group, Inc. has successfully completed its acquisition of TEGNA Inc. This milestone comes after obtaining the necessary approvals from both the Federal Communications Commission (FCC) and the U.S. Department of Justice (DOJ).
Transaction Approval and Significance
The acquisition reflects Nexstar’s commitment to enhancing local journalism. Perry Sook, the company’s Founder and CEO, emphasized the importance of this merger in strengthening their ability to serve communities. He stated that combining these two esteemed companies would create a more dynamic organization.
Key Points from the Announcement
- Date of announcement: March 19, 2026
- Approved regulatory bodies: FCC and DOJ
- CEO Statement: The acquisition promotes strong local journalism and enhances capabilities.
About Nexstar Media Group
Nexstar Media Group, Inc., listed on NASDAQ as NXST, is a prominent media company. It specializes in producing and distributing engaging news, sports, and entertainment content across various television and digital platforms.
Contact Information
For inquiries, the following contacts are available:
- Lee Ann Gliha – Chief Financial Officer: 972/373-8800
- Media Contact: Gary Weitman, EVP/Chief Communications Officer: 972/373-8800
This strategic acquisition by Nexstar positions the company to leverage enhanced assets and talents, further solidifying its presence in the media landscape.
