The Federal Communications Commission and Department of Justice approved the acquisition in an announcement Thursday.
WASHINGTON — The FCC and DOJ approved the $6.2 billion acquisition of broadcaster TEGNA by fellow television operator Nexstar Media Group.
A release issued Thursday by Nexstar states in part: “Nexstar Media Group, Inc. (Nasdaq: NXST), today announced that it has closed its acquisition of TEGNA Inc.”
That announcement came after the approval of the transaction by the federal agencies. The proposed acquisition was announced in August 2025.
“The FCC has been focused on empowering broadcast TV stations to serve their local communities, consistent with their public interest obligations. Today’s agency decision does exactly that as both the record and Nexstar’s enforceable commitments demonstrate,” FCC chairman Brendan Carr said in a statement. “For too long, the FCC stood by while newspapers closed by the dozen in communities all across the country. Those trusted sources of local news and information shuttered while the FCC dithered. If you care about local news, you should care about the future of local broadcast TV stations.”
As a condition of the sale, Nexstar committed to divesting six stations:
- KTVD(TV), Denver, Colorado
- WTHR(TV), Indianapolis, Indiana
- WCTX(TV), New Haven, Connecticut
- WAVY-TV, Portsmouth, Virginia
- WUPL(TV), Slidell, Louisiana
- KNWA-TV, Rogers, Arkansas
TEGNA owns and operates this television station.
