Tegna rumors. - revealed plans to acquire Tegna, t...
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Tegna rumors. - revealed plans to acquire Tegna, the fourth-largest broadcaster, in an all-cash deal valued at $6. 6B media deal. for $6. So what Nexstar is said to be deep in talks to buy Tegna in a deal that could hit $8 billion with debt, marking a big shake-up in the TV business. 6 billion, including debt. In a highly unusual move during a takeover, and Press Press Releases 1/29/26 TEGNA Station WXIA Wins Prestigious 2026 Alfred I. 54 billion, the companies said on Tuesday. Tegna said it will host an investor call to discuss its first quarter of 2023 earnings results and provide guidance on Thursday. duPont-Columbia Award for Groundbreaking Investigation, ‘Help that Harms’ 1/28/26 TEGNA Expands Local News Offering with First-of-Its-Kind Mobile App Delivering Thousands of Original Mobile Videos Daily from Trusted Local Reporters & Weather Teams 11/18/25 Sinclair, one of the country’s largest owners of local television stations, has offered to merge its broadcast TV business with Tegna, according to people familiar with the matter This month, after a two-and-a-half month hiatus, Johnson will be talking highs and lows for the parent company of WKYC for other stations owned by Tegna. Shares of broadcasting and digital media company TEGNA (NYSE:TGNA) jumped 29. TEGNA RUMORS Apollo Global Management LLC has approached Tegna Inc. In a landmark move announced Tuesday, Nexstar Media Group - the largest owner of local television stations in the U. The recent antitrust stance under the Biden administration makes it less likely that certain suitors would try again, especially any bidder tied to a private equity firm. The acquisition Tegna soars 30% in after-hours trading as Nexstar nears acquisition deal. So what Standard Media CEO Deb McDermott tried to calm rumors and concerns that when and if her company takes over Tegna, the new company might cut staff. (TGNA) stock news and headlines to help you in your trading and investing decisions. At intra-day trading, the company rallied by as high as 30. surged in premarket trading after reports that broadcaster Nexstar Group Inc. 54 billion, creating a local-TV powerhouse that seeks to compete better with Big Tech and national media for advertising Aug 11, 2025 · TEGNA stock soars on Nexstar Media acquisition rumors. Potential deals reshape TV broadcasting landscape as market deregulation accelerates. S. Tegna took its first steps toward a future as a standalone company this morning by trying to assuage investors that it's well-positioned to ramp up investment again. , announced yesterday that they will be purchasing Tegna, Inc. 8, 2025, a deal that could take advantage of potentially lighter ownership caps under Shares in TV station operator Tegna Inc. ” Within weeks of commandeering the unsinkable ship, Steib had gallivanted his way through several of the (Reuters) -Television broadcaster Nexstar Media Group is in advanced talks to acquire rival Tegna, a person familiar with the matter told Reuters on Friday. Nexstar may acquire rival Tegna, reshaping U. Entertainment news, film reviews, awards, film festivals, box office, entertainment industry conferences WeAreIowa. ” Allen has spent about $500 million on TV stations during the past six months after deals to acquire USA Television and Bayou City Broadcasting. The internet exploded with competing claims and rumors about the shooting in Minneapolis. The big picture: Tegna has been the subject of buyout rumors as far back as 2017. 78 percent at $19. Tegna, the local TV station owner, has been sold to private equity firms Standard General and Apollo Global Management in a $9 billion deal. 04, before paring gains to end the day just up by 29. At the time, the acquisition was expected to close in the second half of 2022. Television broadcaster Nexstar Media has agreed to acquire smaller rival Tegna for $3. While Tegna’s stock soared on the Journal report, Nexstar shares were unchanged, suggesting investors are weighing a potential premium cost for Tegna and regulatory challenges that may arise Some think Tegna is trying to skirt the law by doing more, smaller layoffs, as we've seen recently at stations who are laying off their entire field photographer department. Read the latest updates on this evolving $2. Television broadcaster Nexstar Media Group is in advanced talks to acquire rival Tegna , a person familiar with the matter told Reuters on Friday. Aug 8, 2025 · By Milana Vinn (Reuters) -Television broadcaster Nexstar Media Group is in advanced talks to acquire rival Tegna, a person familiar with the matter told Reuters on Friday. Tysons, VA – TEGNA Inc. Aug 20, 2025 · Nexstar, already the largest owner of broadcast TV stations in the U. (NYSE:TGNA) is one of the best-performing stocks on Monday. Tegna has been the subject of buyout rumors as far back as 2017. Nexstar’s $6. Television station operator Tegna Inc said on Monday it has terminated its merger agreement with hedge fund Standard General after several regulatory hurdles. Learn TV broadcast company Nexstar is in advanced talks to acquire rival Tegna according to a report from Reuters. Tegna soars 30% in after-hours trading as Nexstar nears acquisition deal. See why I maintain a Buy rating on TGNA and seeing upside for both TEGNA and NXST shares. (NASDAQ:TGNA) shares are trading higher Monday following a report indicating Nexstar Media Group Inc (NASDAQ:NXST) is in talks to acquire the company. 2% in the morning session after reports that rival broadcaster Nexstar Media Group is in advanced talks to acquire the Sinclair proposes merger with Tegna amid Nexstar talks. 87 apiece. CBS News has hired a well-regarded TV veteran as its No. The proposal comes amid other M&A talks involving Tegna. Standard Media CEO Deb McDermott tried to calm rumors and concerns that when and if her company takes over Tegna, the new company might cut staff. soared to a new record high on Monday, as investor Sinclair proposes merger with Tegna amid Nexstar talks. The Tiffany Network appointed former ABC TEGNA Inc. The latest international Tegna Inc news and views from Reuters - one of the world's largest news agencies The move comes on rumors that the company is entertaining offers for a buyout. What's next? Shares in TV station operator Tegna Inc. The big picture: Tegna has been the subject of buyout rumors since 2017, but the FCC's moves that killed the deal have left many in the industry at a loss for words about its view toward broadcast M&A. Shares are also 10% lower than they were on September 14, 2021, the final day before rumors began circulating over TEGNA’s sale to Standard General for $24. Nexstar Media will acquire rival broadcast company Tegna for $6. In a highly unusual move during a takeover, and Sherri Shepherd’s daytime talk show is ending after four years, news that broke just a day after Kelly Clarkson announced her own series is also wrapping up, leaving daytime TV fans stunned. Shares in TV station operator Tegna Inc. TEGNA produces trusted, impactful and innovative news content across platforms, helping to keep our communities informed and safe. (NYSE: TGNA) today announced that it has completed its previously announced acquisition of 11 local television stations, including eight Big Four affiliates, from Nexstar Media Group for $740 million in cash. com is complete on May 31, Tegna will be a pure play broadcaster pursuing an aggressive growth strategy based on its leading market position and strong balance sheet. Exposing corruption and wrongdoing, holding elected officials and those in power accountable, giving a voice to the voiceless and telling empowering stories that impact lives is at the heart of our mission. Maryland-based Sinclair has offered to merge its broadcast TV business with Tysons-based Tegna. about a deal as the private-equity firm looks to bulk up its Nexstar Media Group is in advanced negotiations to acquire rival broadcaster Tegna, according to people familiar with the matter cited by the Wall Street Journal. Television-broadcaster Nexstar Media Group is in advanced talks to acquire rival Tegna, according to people familiar with the matter The big picture: Tegna has been the subject of buyout rumors as far back as 2017. 89 percent to touch $20. 2 executive — even as insiders speculate that the broadcast giant’s boss is on the way out. television station owner Sinclair has made an offer to merge its broadcast TV business with smaller rival Tegna , which is in advanced talks on a potential sale to Nexstar Media Group , a Nexstar Media Group is buying rival Tegna for $6. Nexstar, already the largest owner of broadcast TV stations in the U. “TEGNA is incredibly well positioned to seize this moment and build a bright future. Shares of Tegna surged 30% in extended A Tegna rep said the company’s policy is “not to comment on market rumors. Aug 8, 2025 · Nexstar Media Group is reportedly in advanced talks to acquire Tegna, the Wall Street Journal reported Aug. TEGNA Inc. local TV as deregulation fuels broadcast consolidation and investor momentum. Aug 19, 2025 · (Reuters) -Nexstar Media has agreed to buy smaller rival Tegna for $3. com is the official website for WOI-TV/KWCI-TV, your trusted source for breaking news, weather and sports in Des Moines, IA It appears that Tegna has gassed up the Pink Slip Express and drove it into Texas. We recently published Wall Street Shockers: 10 Stocks on Fire. Get the latest TEGNA Inc. He’ll be working on a contract basis Nexstar seems to be leveraging the “Jimmy Kimmel Live!” controversy to its advantage as it makes its move to formally acquire Tegna in 2026. A sources tells FTVLive that at Tegna’s KENS, in San Antonio, at least 4 people caught the blade. 2 billion, according to a joint announcement on Tuesday, another sign of consolidation in an already contracting TV broadcast sector Tegna last year agreed to be taken private by Standard General in a deal valued at $8. 2 billion in cash, creating a local TV broadcasting giant as the industry bets on regulatory changes to unleash consolidation. soared to a new record high on Monday, as investor “As a matter of corporate policy, we do not comment on market rumors or speculation,” a Tegna rep told B&C. was in talks to acquire its smaller rival. 2B Tegna deal reshapes US local TV, expanding reach to 80% of households and boosting ad power. Deal could reach 160+ markets. “However, it is important to reiterate that once the spinoff of Cars. 2 billion. The move comes on rumors that the company is entertaining offers for a buyout. What's next? Aug 11, 2025 · Shares in local TV giant Tegna surged 30% in mid-day trading Monday on news that leading station owner Nexstar is in advanced talks to acquire the co. soared to a new record high on Monday, as investor sentiment was fueled by reports that it was set to be acquired by Nexstar Media. U. The acquisition adds complementary markets to TEGNA’s existing portfolio of top network affiliates, including four affiliates in election battleground.
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