The purchase price is inclusive of Tegna’s net debt and estimated transaction fees and expenses. The deal, subject to regulatory approval including by the FCC, is expected to close by the second half of 2026. Both the Nexstar and Tegna boards voted unanimously to approve the deal Monday night.

The deal will give the former 265 television stations in 44 states and D.C., representing 80% of U.S. television households

A Tyler-based news station and its parent company will be acquired in a media merger, according to reports.  Nexstar Media Group announced Tuesday that it will acquire TEGNA Inc. in an all-cash transaction valued at $6.

NBC affiliate 9News draws the most viewers to its daily newscasts, followed by KDVR (Fox), KCNC (CBS), KMGH (ABC) and KWGN (The CW, which is also owned by Nexstar), Comscore reported. Leaders 9News and Fox31 have frequently jockeyed for the top position in the Denver-Aurora market over the last five years, Comscore has reported.

Nexstar’s takeover of Tegna, enabled by Trump-era deregulation, positions the company to reach 80% of U.S. households

Tegna merger "represents arguably the largest move toward corporate consolidation of local media in the modern era,” State Rep. Doug Clemens, D-St. Ann, said.

Nexstar Media Group, the parent company of Portsmouth-based WAVY-TV and WVBT-TV, is buying local news broadcast rival Tegna, the parent company of Norfolk-based 13News Now or WVEC-TV, for $6.2