Judge halts local TV giant Nexstar takeover of rival Tegna until trial
Case Summary
A federal judge has blocked local TV giant Nexstar's takeover of a leading rival, Tegna, until an antitrust trial plays out. If Nexstar loses, it could be compelled unwind the $6.2 billion deal, in which it absorbed 65 additional stations. In a statement Friday evening, Nexstar said it would appeal the ruling to the Ninth Circuit Court of Appeals. Until the legal battle ends, Nexstar must separately operate the Tegna stations it just acquired, based on the ruling Friday by Chief Judge Troy Nunley of the Eastern District Court of California in Sacramento.
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1 eventJudge halts local TV giant Nexstar takeover of rival Tegna until trial
A federal judge has blocked local TV giant Nexstar's takeover of a leading rival, Tegna, until an antitrust trial plays out. If Nexstar loses, it could be compelled unwind the $6.2 billion deal, in which it absorbed 65 additional stations. In a statement Friday evening, Nexstar said it would appeal the ruling to the Ninth Circuit Court of Appeals. Until the legal battle ends, Nexstar must separately operate the Tegna stations it just acquired, based on the ruling Friday by Chief Judge Troy Nunley of the Eastern District Court of California in Sacramento.
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Judge halts local TV giant Nexstar takeover of rival Tegna until trial
A federal judge has blocked local TV giant Nexstar's takeover of a leading rival, Tegna, until an antitrust trial plays out. If Nexstar loses, it could be compelled unwind the …
Judge halts local TV giant Nexstar takeover of rival Tegna until trial
A federal judge has blocked local TV giant Nexstar's takeover of a leading rival, Tegna, until an antitrust trial plays out. If Nexstar loses, it could be compelled unwind the …
Judge halts local TV giant Nexstar takeover of rival Tegna until trial
A federal judge has blocked local TV giant Nexstar's takeover of a leading rival, Tegna, until an antitrust trial plays out. If Nexstar loses, it could be compelled unwind the …
Judge halts local TV giant Nexstar takeover of rival Tegna until trial
A federal judge has blocked local TV giant Nexstar's takeover of a leading rival, Tegna, until an antitrust trial plays out. If Nexstar loses, it could be compelled unwind the …
Judge halts local TV giant Nexstar takeover of rival Tegna until trial
A federal judge has blocked local TV giant Nexstar's takeover of a leading rival, Tegna, until an antitrust trial plays out. If Nexstar loses, it could be compelled unwind the …
Judge halts local TV giant Nexstar takeover of rival Tegna until trial
A federal judge has blocked local TV giant Nexstar's takeover of a leading rival, Tegna, until an antitrust trial plays out. If Nexstar loses, it could be compelled unwind the …
Judge halts local TV giant Nexstar takeover of rival Tegna until trial
A federal judge has blocked local TV giant Nexstar's takeover of a leading rival, Tegna, until an antitrust trial plays out. If Nexstar loses, it could be compelled unwind the …
Judge halts local TV giant Nexstar takeover of rival Tegna until trial
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Judge halts local TV giant Nexstar takeover of rival Tegna until trial
A federal judge has blocked local TV giant Nexstar's takeover of a leading rival, Tegna, until an antitrust trial plays out. If Nexstar loses, it could be compelled unwind the …
Judge halts local TV giant Nexstar takeover of rival Tegna until trial
A federal judge has blocked local TV giant Nexstar's takeover of a leading rival, Tegna, until an antitrust trial plays out. If Nexstar loses, it could be compelled unwind the …
Judge halts local TV giant Nexstar takeover of rival Tegna until trial
A federal judge has blocked local TV giant Nexstar's takeover of a leading rival, Tegna, until an antitrust trial plays out. If Nexstar loses, it could be compelled unwind the …