Mega Media Merger Madness: Nexstar Buys Gannett Spinoff TEGNA

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 »