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Nexstar Acquires TEGNA for $6.2 Billion, Aims for 40%+ Accretion by 2026
ByAinvest
Thursday, Nov 6, 2025 1:21 pm ET1min read
Nexstar Media Group has agreed to acquire TEGNA in a $6.2 billion cash transaction, expected to close in 2026. The deal will strengthen Nexstar's position as the nation's leading local media company and drive 40%+ accretion. The acquisition will expand Nexstar's scale and further solidify its position in the market.
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