Judge Issues Preliminary Injunction Against Nexstar-Tegna Takeover, Orders Nexstar to Halt Integration Plans
Get the Culture newsletter
Daily culture — film, music, books, the trends and ideas worth your attention. Free.
- Judge Troy Nunley issued a 52‑page preliminary injunction halting Nexstar’s Tegna acquisition as part of DirecTV’s antitrust suit.
- Nexstar Media Group called the block “unlawful,” decried the $6.2 billion deal being stopped, and announced it will appeal the ruling.
- California Attorney General labeled the merger “illegal, plain & simple,” reinforcing the antitrust challenge.
- DirecTV is the plaintiff whose lawsuit triggered the injunction, arguing the combined entity would dominate local TV markets.
- Tegna Inc. faces delayed integration and uncertainty as the merger is frozen pending further court action.
Why it matters: Nexstar must pause Tegna integration, delaying the $6.2 B merger and affecting shareholders and local TV markets.
Ask SkimNews
