A federal judge ruled that DirecTV and eight state attorneys general were likely to win a case seeking to block a deal that would transform local TV.
A federal judge has blocked the $6.2 billion merger between local television giants Nexstar Media Group and Tegna until an antitrust lawsuit is resolved.
The deal, approved by the FCC, would create a company that owns 265 television stations in 44 states and Washington, D.C.
The preliminary injunction means Nexstar, owner of FOX 59 and CBS 4 in Indianapolis, cannot yet acquire WTHR, an NBC affiliate.
A billion dollar deal with Tegna is stuck as media conglomerate awaits decision.
Nexstar’s politically charged acquisition of a rival TV station owner, Tegna, has been halted by a federal judge in ...
Lawyers for TV station giant Nexstar, which owns KTLA, argued that last month's mammoth merger with Tegna would not lessen ...
Federal judge Troy L. Nunley issues preliminary injunction Merger valued at $6.2 billion involves 265 tv stations DirecTV and eight state attorneys general lead lawsuit Chief Judge Troy L. Nunley of ...
A federal judge has blocked a $6.2 billion merger of local television giants Nexstar Media Group and rival Tegna until an antitrust lawsuit is resolved. U.S. District Court Chief Judge Troy L. Nunley ...