The company has a market valuation of about $2.42 billion, compared with Nexstar's $5.56 billion, according to LSEG data.

Both companies declined to comment on a potential deal, but speculation was still driving shares higher. Tegna stock surged ...

TEGNA stock soars on Nexstar Media acquisition rumors. See why I maintain a Buy rating on TGNA and seeing upside for both ...

Shares in local TV giant Tegna surged nearly 30% in mid-day trading Monday on news that leading station owner Nexstar is in ...

Nexstar owns 200 stations in 116 markets. They include CBS affiliate WIVB and WNLO-TV, a little-watched CW affiliate, in ...

Tegna (TGNA) could see a $22/share sale to Nexstar (NXST), with potential FCC divestitures and 19% accretion to NXST's FCF.

Tegna shares surged over 28% on Monday following a Wall Street Journal report that Nexstar is in advanced talks to acquire ...

Shares of broadcasting and digital media company TEGNA (NYSE:TGNA) jumped 29.2% in the morning session after reports that ...

A broadcasting industry merger could put a Columbia TV station under new ownership while NBC talk-show host Seth Meyers pokes ...

Larger station groups will still face an ongoing shift of ad dollars from TV to digital according to Madison & Wall ...

Television broadcaster Nexstar Media Group is in advanced talks to acquire rival Tegna, according to people familiar with the matter. Terms of any potential deal have not been disclosed. Tegna is ...

Sling TV is slicing up the traditional pay bundle, offering mini-subscriptions by the day, weekend or full week starting at ...