Nexstar beat out rival Sinclair, which was offering between $25 and $30 per share, significantly above Nexstar’s winning bid.

Nexstar, the No. 1 owner of TV stations in the U.S., is acquiring rival Tegna in a deal that challenges decade-old limits on ...

The purchase price is inclusive of Tegna’s net debt and estimated transaction fees and expenses. The deal, subject to ...

Sinclair shares offer strong upside potential amid strategic reviews and M&A opportunities in a consolidating broadcast TV ...

Nexstar announced Tuesday that it intends to buy Tegna for $6. 2 billion — a deal that has been rumored for weeks.

A blockbuster deal, a fallen rival, and a shot at dominating 80% of American screens--if regulators don't blink.

Tysons, Virginia-based broadcaster Tegna, whose 64 stations include WUSA Channel 9 in D.C., agreed to be acquired by larger local TV station owner Nexstar.

America’s largest owner of television stations announced a blockbuster deal to acquire a rival. Nexstar is buying Tegna for $6.2 billion in a deal that promises to reshape the television industry, ...