Nexstar CEO Perry Sook Confident In Tegna Deal’s On-Time Close; Stock Slides After Soft Q3 Report
NeutralEntertainment

Nexstar Media Group's CEO Perry Sook expressed confidence in the timely completion of the company's acquisition of Tegna, valued at $6.2 billion, expected by the second half of 2026. This deal is significant as it positions Nexstar as a leader in the evolving local broadcast industry. However, the company's stock experienced a decline following a disappointing Q3 report, highlighting the challenges that may lie ahead despite the optimistic outlook for the acquisition.
— via World Pulse Now AI Editorial System
