Nexstar to acquire TEGNA for $6.2bn
Nexstar Media Group and TEGNA, a provider of US local news and services, have entered into a definitive agreement whereby, subject to regulatory approvals, Nexstar will acquire all outstanding shares of TEGNA for $6.2 billion (€5.3bn), inclusive of TEGNA’s net debt and estimated transaction fees and expenses. The purchase price represents a 31 per cent […]