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 in Sacramento, California, made the ruling late Friday afternoon, finding that eight attorneys general and DirecTV were likely to prevail in their legal bid to stop the merger.
The deal, announced last year and approved by the Federal Communications Commission, would create a company that owns 265 television stations in 44 states and the District of...
Continue reading...U.S. District Court Chief Judge Troy L. Nunley in Sacramento, California, made the ruling late Friday afternoon, finding that eight attorneys general and DirecTV were likely to prevail in their legal bid to stop the merger.
The deal, announced last year and approved by the Federal Communications Commission, would create a company that owns 265 television stations in 44 states and the District of...
