The largest local broadcast group in the U.S., Nexstar, agreed to an all-cash deal totaling $6.2 billion to acquire competing local broadcast agency Tegna.

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If the deal for Nexstar Media Group to buy rival Tegna goes through, one owner will control three of the Memphis market’s ...

Nexstar Media Group, the owner of ABC27, plans to purchase Tegna, the owner of FOX43. Nexstar announced on Tuesday that it plans to acquire all outstanding shares of Tegna for $22 per share in a cash ...

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Nexstar Media Group is buying broadcast rival Tegna for $6.2 billion, which will help strengthen its local news offerings, the company announced Tuesday.