Federal judge blocks Nexstar-Tegna TV station merger until antitrust lawsuit is settled
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.
TL;DR
- A federal judge has blocked the $6.2 billion merger of Nexstar Media Group and Tegna.
- The merger is blocked until an antitrust lawsuit is resolved.
- This decision affects the consolidation of local television giants.