Tag Archives: Cars.com stock

Mega Media Merger Madness: Nexstar Buys Gannett Spinoff TEGNA

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When Nexstar Media Group(NXST) struck a $6.2 billion all-cash deal to acquire TEGNA(TGNA), promising to consolidate 265 stations across 44 states and reach nearly 80% of U.S. households, this wasn’t just a merger. It was a broadcasting tectonic shift—a true mega-merger. Let’s unpack the implications, spin-off history, and yes—the unfortunate brand names. 1. Why “Mega-Merger” Isn’t an Overstatement… Read More »

Spinoff Odds and Ends: M&A Edition- Gannett, The Best Digital First Can Get?

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Let’s kick off the week with some deal talk. Last week we touched on Apollo’s (APO) potential buyout of Arconic (ARNC) and if completed, it would just be another example of spinoff/parent company being taken out. Once the separation announcement is made or even the ‘strategic alternatives’ one, the market knows that a sale is possible. In that vein,… Read More »