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 ...

Nexstar is said to be deep in talks to buy Tegna in a deal that could hit $8 billion with debt, marking a big shake-up in the ...

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

Shares of Tegna surged 30% in extended trading following the report, while Nexstar's shares remained flat. A potential deal ...