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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.

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