Tegna rises after Trump backs merger with Nexstar Media
ReutersFeb 9, 2026 10:00 AM
Media company Tegna's TGNA.N shares rise 4.8% to $19.99 premarket
U.S. President Donald Trump on Saturday publicly backed a proposed merger between local television station operator Nexstar Media NXST.O and its smaller rival Tegna
NXST last year proposed a $3.54 billion acquisition of Tegna that would make the combined entity the largest regional TV station operator in the U.S.
TGNA rose ~6% last year
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