Nexstar to Acquire Tegna for $3.54 Billion
Nexstar Media has agreed to acquire Tegna, Inc., the parent company of Idaho TV stations KTVB in Boise and KTFT in Twin Falls, for $3.54 billion. The deal values Tegna at approximately $22 per share. As the nation’s largest owner of television stations, Nexstar will expand its portfolio with the addition of Tegna’s 64 stations … Read more