A little more than two months ago, Nexstar Media Group revealed that it has reached a formal agreement to acquire TEGNA. “This is a defining moment for our company, and for our viewers and advertisers … setting the stage for a bright future for Nexstar,” said company founder, Chairman/CEO and No. 3 shareholder Perry Sook in announcing the deal.
As of today, paperwork needed for FCC approval of the proposed transaction hasn’t yet been filed, and any regulatory OK of the deal isn’t expected until 2026, FCC Chairman Brendan Carr has shared.
