Federal judge blocks politically fraught Nexstar - Tegna merger
Case Summary
Nexstar’s politically charged acquisition of a rival TV station owner, Tegna, has been halted by a federal judge in California. Friday’s court action throws Nexstar’s takeover plans into doubt and signifies a major victory for the Democratic state attorneys general who sued to block the deal last month. A leading satellite TV distributor, DirecTV, also filed suit, arguing that the Nexstar-Tegna merger would violate antitrust laws. US District Judge Troy Nunley consolidated the cases and sided with the plaintiffs in a Friday evening ruling.
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1 eventFederal judge blocks politically fraught Nexstar - Tegna merger
Nexstar’s politically charged acquisition of a rival TV station owner, Tegna, has been halted by a federal judge in California. Friday’s court action throws Nexstar’s takeover plans into doubt and signifies a major victory for the Democratic state attorneys general who sued to block the deal last month. A leading satellite TV distributor, DirecTV, also filed suit, arguing that the Nexstar-Tegna merger would violate antitrust laws. US District Judge Troy Nunley consolidated the cases and sided with the plaintiffs in a Friday evening ruling.
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Federal judge blocks politically fraught Nexstar - Tegna merger
Nexstar’s politically charged acquisition of a rival TV station owner, Tegna, has been halted by a federal judge in California. Friday’s court action throws Nexstar’s takeover plans into doubt and …
Federal judge blocks politically fraught Nexstar - Tegna merger
Nexstar’s politically charged acquisition of a rival TV station owner, Tegna, has been halted by a federal judge in California. Friday’s court action throws Nexstar’s takeover plans into doubt and …
Federal judge blocks politically fraught Nexstar - Tegna merger
Nexstar’s politically charged acquisition of a rival TV station owner, Tegna, has been halted by a federal judge in California. Friday’s court action throws Nexstar’s takeover plans into doubt and …