Judge blocks Nexstar's acquisition of Tegna until antitrust suit resolved

A judge has blocked Nexstar's acquisition of Tegna, halting the deal until an antitrust lawsuit is resolved. This judicial intervention prevents the creation of a media company that would own 265 television stations across 44 states and Washington, D.C. The acquisition had previously received approval from the Federal Communications Commission (FCC). The ruling signifies a legal challenge to the merger despite regulatory clearance, impacting Nexstar's plans for significant expansion in the broadcast television market.