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Nexstar in advance talks to acquire rival Tegna
Tegna Shares Soar on WSJ Report of Sale Talks With Nexstar
Shares of Tegna rose in late trading after The Wall Street Journal reported that Nexstar Media Group was in advanced talks to acquire its television operator rival. Tegna's shares were up 29% to $19.82 after closing Friday at $15.31, while Nexstar's stock was down 4.4% to $178.51 after closing at $186.80.
We should learn more this week about the response to the mass shooting at Robb Elementary School in Uvalde that left 19 ...
TEGNA expects total revenue to decline 18%-20% year over year in Q3 2025 due to the cyclical absence of political and Summer ...
Explore TEGNA's Q2 2025 earnings call highlights, including cost-cutting success, digital growth, M&A strategy, and outlook amid advertising challenges.
U.S. TV station operator Tegna Inc will be acquired by Standard General for $5.4 billion in an all-cash deal, ending a years-long battle by the shareholder.
Tegna will become a private company when the deal is done. Standard General L.P. is a New York-based investment firm founded in 2007 by Soohyung “Soo” Kim and Nicholas Singer, with seed ...
TV-station empire Tegna has hit a roadblock in negotiations with suitors who are looking to buy the company in a deal worth $8.4 billion, sources close to the situation said.
Hedge fund Standard General LP said it has struck a deal valued at $5.4 billion to buy TV broadcaster Tegna Inc., ending years of takeover talks. Standard General will pay $24 in cash for each ...
Nexstar is said to be deep in talks to buy Tegna in a deal that could hit $8 billion with debt, marking a big shake-up in the ...
Tegna over the last month has invited Standard General and Apollo, as well as the comedian-turned-media-mogul Byron Allen who is teaming up for a bid with buyout firm Ares Management, into its ...
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