in antitrust, FCC, mergers and acquisitions, News, Nexstar, Nexstar-Tegna Deal, Tegna, U.S. Department of Justice
Nexstar Stock Drops Sharply After Judge Puts Brakes On Tegna Merger
UPDATED with closing price. Nexstar stock fell 13% Monday, reflecting investor angst over a federal judge’s decision temporarily blocking the company’s merger with Tegna. The drop is a stunner for the shares, which have been among the steadiest in the media sector. Over the past five years, they have risen by 94%. In a single […] More
