Nexstar Media Group acquired TEGNA Inc. for $6.2 billion, a transaction completed in March 2026, structured as Cash merger.
TEGNA Inc. operates in Broadcast / Digital, is based in United States. Nexstar closed its acquisition of TEGNA Inc., a broadcast and digital media company, after receiving FCC and DOJ approval. Nexstar acquired all outstanding TEGNA shares for $22.00 per share in cash.
Expands Nexstar's local broadcast and digital footprint and scale in local journalism.
Advisory firms were not disclosed for this transaction.