NXST
$226.81+3.76 (+1.69%)
Nexstar Media Group, Inc.
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Fundamentals
Nexstar Media Group, Inc. operates as a diversified media company that produces and distributes local and national news, sports, and entertainment contents on the television and digital platforms in the United States. It owns, operates, programs, or ...
Recent News
Brendan Carr Just Broke the Rules to Make Nexstar the Local News Monopoly
After the FCC green-lit a $6.2 billion Tegna deal, CEO Perry Sook publicly thanked the President and Chairman by name in his statement.
Nexstar $3.5 Billion Tegna Deal Clears DOJ Review as States Sue
Justice Department ends antitrust review early, while state attorneys general and DirecTV move to block the transaction
Nexstar Says Tegna Merger Has Closed With Federal Approval
Deal’s completion comes less than a day after eight states sued to block $6.2 billion transaction on antitrust grounds.
Sector Update: Consumer Stocks Decline Late Afternoon
Consumer stocks fell late Thursday afternoon with the State Street Consumer Staples Select Sector SP
Nexstar Faces Tegna Deal Scrutiny As Lawsuits And Governance Questions Build
Multiple US states are preparing antitrust lawsuits targeting Nexstar Media Group's proposed acquisition of Tegna. A major union has notified Nexstar of plans to seek shareholder backing for governance reforms tied to large deals such as the Tegna transaction. These parallel efforts signal rising regulatory and shareholder scrutiny around Nexstar's deal making and board oversight. Nexstar Media Group (NasdaqGS:NXST), recently trading at $244.77, is coming under closer watch as it pursues...