Tegna, Nexstar Media Group
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Nexstar Media Group, the owner of ABC27, plans to purchase Tegna, the owner of FOX43. Nexstar announced on Tuesday that it plans to acquire all outstanding shares of Tegna for $22 per share in a cash transaction valued at $6.2 billion.
The agency began looking into the liberal watchdog group’s research critical of Elon Musk and his social media platform, X, in May.
MBC Group posted big gains in profit and revenue in its half-year results after mitigating what it called "the impact of geopolitical volatility."
Vice Media Group, popular for websites such as Vice and Motherboard, filed for bankruptcy protection on Monday to engineer its sale to a group of lenders, capping years of financial difficulties ...
When Carpenter Media Group purchased Pamplin Media Group, Austin White, then the Portland Tribune’s managing sports editor, said many newsroom employees had never heard of the company. “We still didn’t really know what to expect,
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A federal judge has blocked the Trump administration’s investigation of a liberal group known for its campaigns against Fox News and Elon Musk’s X.
Nexstar Media, owner of Fox 40 (KTXL), announced Monday it plans to acquire Tegna, the parent company of ABC 10 (KXTV), in a $6.2 billion cash deal that includes Tegna's outstanding debt. The proposed merger could create the Sacramento area's first television duopoly - where one company controls two over-the-air stations in the same market - pending federal approval.