Nexstar Tells Judge Aspects Of Tegna Merger "Cannot Be Reversed"

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Nexstar Media Group has informed a judge that certain aspects of its merger with Tegna, which was temporarily halted by a restraining order, cannot be reversed immediately. The company warned the court that full compliance with the order would create operational harm, regulatory conflicts, and a governance vacuum, jeopardizing Nexstar and the Tegna assets. DirecTV, which successfully secured the restraining order based on antitrust claims, plans to file a response to Nexstar’s assertions.

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