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Market Chatter: Nexstar Media in Talks to Buy Tegna
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Market Chatter: Nexstar Media in Talks to Buy Tegna
Aug 11, 2025 3:53 AM

06:35 AM EDT, 08/11/2025 (MT Newswires) -- Nexstar Media Group ( NXST ) is in advanced discussions to acquire rival television broadcaster Tegna ( TGNA ) , The Wall Street Journal reported Friday, citing people familiar with the matter.

The companies could strike a deal soon as long as the talks don't hit any last-minute snags, the unnamed sources told the publication.

Nexstar and Tegna ( TGNA ) didn't immediately respond to MT Newswires' requests for comment.

Tegna ( TGNA ) shares were up 29% in recent premarket activity Monday.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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