Mar 19, 2026 4:20pm PT

Nexstar Claims Its $6.2 Billion Deal for Tegna Has Closed Following DOJ and FCC Approvals — After Eight States, DirecTV Sued to Block It

Todd Spangler

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Todd Spangler

NY Digital Editor

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Nexstar

Nexstar Media Group said it “has closed its acquisition” of Tegna in a $6.2 billion deal that would following approval of the transaction from the FCC and the Department of Justice.

The deal would augment Nexstar, already the biggest TV station group in the U.S., with Tegna’s footprint — resulting in a company with 259 full-power stations (after divesting six), variously affiliated with networks including ABC, CBS, Fox and NBC. While the deal will give the combined company reach across 80% of U.S. TV households, it will own less than 15% of the 1,777 local TV stations in the country.