Acquiring Company
Nexstar Media Group
Acquired Company
TEGNA
IrvingMcleanMedia And EntertainmentInternetPublishingNewsDigital MediaBroadcastingMedia ProductionAdvertisingMedia And EntertainmentMarketingDigital MediaBroadcastingDescription
Nexstar Media Group is set to finalize its multi-billion-dollar acquisition of Tegna, resulting in a combined company with 265 stations across 44 states, covering 80% of U.S. TV households. This merger has raised concerns due to the exceeding ownership limits on broadcasting stations. As Nexstar pursues this deal, it has also faced layoffs that have impacted several notable positions.
Quick answer
Nexstar Media Group is acquiring TEGNA, announced February 25, 2026. Nexstar Media Group is based in Irving, Texas, United States.
- How much did Nexstar Media Group pay for TEGNA?
- The deal value was not disclosed.
- What does Nexstar Media Group do?
- Nexstar Media Group, Inc. (NASDAQ: NXST) is a leading diversified media company that leverages localism to bring new services and value to consumers and advertisers through its traditional media, digital and mobile..
- Where are Nexstar Media Group and TEGNA based?
- Nexstar Media Group is based in Irving, Texas, United States. TEGNA is based in Mclean, Virginia, United States.
- Who are the decision-makers at Nexstar Media Group?
- Fundz holds 4 contacts at Nexstar Media Group. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Other recent acquisitions in Media And Entertainment and Internet
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- Nexstar completes $6.2 billion acquisition of Tegna, $6.2B (March 19, 2026)
- Gray Media to acquire TV stations from Allen Media (March 23, 2026)
- Síminn to acquire Sýn's media outlets for ISK 5.25bn (March 12, 2026)
- Connect Media acquires Networld to enhance offerings (February 2, 2026)
- Publicis acquires 160over90 for $500 million, $500M (April 2, 2026)
- Paxton Media Group acquires nine newspapers from CNI (April 1, 2026)
Who to call at Nexstar Media Group, and when
When Nexstar Media Group changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Nexstar Media Group raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Nexstar Media Group, from your own LinkedIn network
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Related People
Frequently asked
Who acquired TEGNA?
TEGNA was acquired by Nexstar Media Group, based in Irving. The deal was reported on February 25, 2026. Nexstar Media Group, Inc. Nexstar Media Group is publicly traded (NXST) and operates in Media And Entertainment.
When did Nexstar Media Group acquire TEGNA?
Nexstar Media Group's acquisition of TEGNA was reported on February 25, 2026. Nexstar Media Group is set to finalize its multi-billion-dollar acquisition of Tegna, resulting in a combined company with 265 stations across 44 states, covering 80% of U.S. TV households. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does TEGNA do?
Tegna Inc. is a media company that owns and operates television stations and provides digital media services. It is known for its commitment to local journalism and delivering reliable content to its viewers. Tegna serves various markets across the country. It is privately held, operating in Advertising, and is based in Mclean.
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