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States Challenge $6.2 Billion Nexstar-Tegna Merger Over Antitrust Concerns

3/20/2026

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Summary

Story summary

California, New York, and six other states filed in the Eastern District of California to block Nexstar Media Group, Inc.'s $6.2 billion Tegna deal.
They cite federal antitrust laws, arguing the merger would reduce competition and harm local journalism.
California Attorney General Rob Bonta said the deal threatens the diversity of news sources.
The merger would give Nexstar control over 265 television stations, reaching about 80% of the U.S. market.

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Story summary

California, New York, and six other states filed in the Eastern District of California to block Nexstar Media Group, Inc.'s $6.2 billion Tegna deal.
They cite federal antitrust laws, arguing the merger would reduce competition and harm local journalism.
California Attorney General Rob Bonta said the deal threatens the diversity of news sources.
The merger would give Nexstar control over 265 television stations, reaching about 80% of the U.S. market.