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Nexstar-Tegna Deal Blocked Amid DirecTV, AGs' Challenge

Nexstar Media Group, Inc. logo is seen on a smartphone and a pc screen (Sipa via AP Images/Pavlo Gonchar)

By Hailey Konnath

A California federal judge on Friday issued a preliminary injunction barring, for now, the $6.2 billion merger of broadcast giants Nexstar and Tegna, ruling that state attorneys general and DirecTV are likely to prevail in proving that the deal is anticompetitive and will harm consumers as well as distributors.


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