Nexstar to Acquire Tegna in $6.2 Billion Deal, Marking Big Move to Consolidate Local TV Biz

In a deal combining to two major players in the local TV station biz, Nexstar Media Group said it reached a deal to buy Tegna in a transaction valued at $6.2 billion The purchase price is inclusive of Tegna’s net debt and estimated transaction fees and expenses. The deal, subject to regulatory approval including by …