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Nexstar Strikes Back Against $6.2B Tegna Merger Injunction, Accuses DirecTV and State AGs of ‘Cynical’ Political and Commercial Maneuvering
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Nexstar Strikes Back Against $6.2B Tegna Merger Injunction, Accuses DirecTV and State AGs of ‘Cynical’ Political and Commercial Maneuvering

A federal judge’s April injunction blocking Nexstar’s $6.2 billion acquisition of Tegna has drawn a blistering response from the Texas-based broadcaster, which on Wednesday filed a 50-page appeal brief accusing DirecTV and a coalition of state attorneys general of using antitrust claims to advance their own agendas. Nexstar argues the nationwide freeze is overbroad and ignores that alleged harms are limited to just 31 of 210 TV markets, while the company faces fierce competition from far larger players in a rapidly changing media landscape.