24 Hrs
Source:
Los Angeles Times
_1777370220974_847775619.png&w=48&q=75){kind=small}
Federal judge finds Nexstar violated court order
A federal judge criticized Nexstar Media Group for violating a court order related to its attempt to acquire Tegna Inc. for $6.2 billion. The judge found that Nexstar formed a Tegna board with its own executives, undermining the court’s directive to keep Tegna operationally independent, and ordered the company to dissolve the board and submit monthly compliance reports. The case highlights ongoing legal disputes over the antitrust implications of Nexstar’s attempted acquisition amid concerns about media consolidation and its impact on local news.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)