Story perspectives
TEGNA-Nexstar Merger Faces Regulatory Hurdles, Analysts Cautious
11/2/2025
40 6
1 of 1
Story summary
- TEGNA Inc. will become a wholly owned subsidiary of Nexstar Media Group following the August 18, 2025 merger.
- The U.S. Department of Justice issued a Second Request for information on October 30, 2025.
- Completion is anticipated in the second half of 2026, pending regulatory approvals.
- Analysts rate TEGNA stock as a Hold with a $21.00 target.
- TEGNA faces advertising market challenges in television broadcasting and digital media services.
