A temporary restraining order in a lawsuit filed by DirectTV orders Nexstar to stop any efforts to combine stations or terminate employees of TEGNA.
SACRAMENTO, Calif. — A federal judge in California on Friday ordered a pause to the $6.2 billion acquisition of KGW parent company TEGNA by Nexstar, parent company of KOIN.
The Federal Communications Commission and U.S. Department of Justice approved the merger last week.
Just one day before the announcement that the deal had closed, a coalition of eight states, including Oregon, sued to block the buyout. Joining Oregon were California, New York, Colorado, Connecticut, Illinois, North Carolina, and Virginia.
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