The Fog Of More: Nexstar’s Efforts To Bulk Up Run Into Legal, Regulatory And Wall Street Uncertainty

When Nexstar CEO Perry Sook opened an investor call on Thursday, he referred to the company’s merger situation with Tegna as “unusual.” That sounds like an understatement. The company’s hopes of becoming a broadcaster behemoth, with almost 260 stations covering 80% of the country, well above the current limit for a single owner, have been […]
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