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Nexstar beat out rival Sinclair, which was offering between $25 and $30 per share, significantly above Nexstar's winning bid.
Any potential merger would be difficult to close because of Sinclair and Tegna's combined debt load, the person said, asking ...
Nexstar had been in talks with smaller rival Tegna to merge its local TV stations amid the continuing consolidation of the ...
17hon MSN
As Hunt Valley-based Sinclair mulls mergers, two broadcast rivals reach a $6.2 billion deal
About a week after Hunt Valley-based Sinclair Inc. said it will consider buying or selling TV stations as broadcast deals heat up, a $6.2 billion deal between two rivals could set off an industry ...
20h
TipRanks on MSNM&A News: Local TV Rivals Sinclair and Tegna Consider Historic Merger
U.S.-based Sinclair Inc. ($SBGI) has reportedly proposed a merger of its broadcast TV business with smaller rival Tegna ...
The deal will give the former 265 television stations in 44 states and D.C., representing 80% of U.S. television households ...
Nexstar’s proposed $6.2 billion acquisition of Tegna could bring Cleveland’s WJW and WKYC under one owner, but regulatory ...
An announcement that Nexstar plans to buy KENS5's corporate parent comes just four months after the station laid off newsroom ...
The company earmarked $13 million for retention bonuses aimed at ensuring management continuity and stability during ...
Nexstar’s takeover of Tegna, enabled by Trump-era deregulation, positions the company to reach 80% of U.S. households ...
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