TEGNA in its $6.2 billion acquisition by Nexstar
On August 19, 2025, TEGNA Inc. (NYSE: TGNA) and Nexstar Media Group, Inc. (Nasdaq: NXST) announced that they entered into a definitive agreement whereby Nexstar will acquire all outstanding shares of TEGNA for $22.00 per share in an all-cash transaction with an enterprise value of $6.2 billion.
Wachtell, Lipton, Rosen & Katz is serving as legal advisor to TEGNA.