Nexstar plans to acquire competitor Tegna for $6.2 billion, forming a major local TV powerhouse.
Nexstar Acquires Tegna for $6.2 Billion Nexstar Media Group is set to acquire its competitor, Tegna, in a cash transaction valued at $6.2 billion. This deal reflects a growing interest in reshaping the broadcasting landscape as industry players anticipate regulatory shifts that may facilitate further consolidations. The purchase price of $22 per share signifies a […]
Nexstar Media Group hires Bill Sammon as EVP of The Hill, NewsNation
Nexstar Media Group announced Wednesday that Bill Sammon has been named senior vice president of editorial content for The Hill and NewsNation. Sammon, a former Fox News executive, will take office on November 18. “We're thrilled to have Bill on board,” said Shelly Guzek, NewsNation's president of news and politics. “Bill's impeccable credentials as a […]