Antitrust setback halts Nexstar-Tegna TV-station merger in California
TL;DR
A federal judge in California issued a preliminary injunction blocking Nexstar's planned acquisition of Tegna, halting the TV-station merger amid antitrust concerns; the ruling, described as “presumed likely to violate antitrust laws,” is a win for state attorneys general and DirecTV in their antitrust challenges, and Nexstar vowed to appeal to the Ninth Circuit while the deal remains frozen pending trial.
- Federal judge blocks politically fraught TV station merger CNN
- Federal Court Temporarily Freezes Nexstar’s Merger With Tegna The New York Times
- Federal judge blocks $6 billion Nexstar-Tegna TV merger The Detroit News
- Judge blocks Nexstar's acquisition of Tegna until antitrust suit resolved CBS News
- Judge halts local TV giant Nexstar's takeover of rival Tegna until trial NPR
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