Nexstar Media Group’s proposed acquisition of Tegna Inc. was announced in August 2025.
OREGON, USA — A coalition of eight states, including Oregon, filed suit late Wednesday in U.S. District Court in California to block Nexstar Media Group’s proposed $6.2 billion acquisition of TEGNA Inc. The states joining California and Oregon in the lawsuit include New York, Colorado, Connecticut, Illinois, North Carolina, and Virginia. The deal was announced in August 2025.
Nexstar currently owns Portland stations KOIN and KRCW. TEGNA owns KGW. Oregon Attorney General Dan Rayfield said under the proposed merger, local competition would be eliminated, replaced by a single corporate structure making centralized decisions
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