Tegna Inc. Shareholders Approve Merger with Nexstar Media Group

By Philip Seaworth • Saturday, November 22 12:01 • Permanent Link

Tegna Inc. (NYSE: TGNA) shareholders have voted to approve the merger agreement with Nexstar Media Group, Inc. At a special meeting, approximately 98% of the total shares of Tegna's common stock voted to adopt the merger agreement, representing about 83% of the total outstanding shares as of October 10, 2025.

The transaction is expected to close by the second half of 2026, subject to regulatory approvals and other customary closing conditions. Upon closing, Tegna will become a subsidiary of Nexstar Media Group, Inc., and its shares will no longer be traded on the New York Stock Exchange.

Tegna Inc., with 64 television stations in 51 U.S. markets, reaches more than 100 million people monthly across various platforms. The market has reacted to these announcements by moving the company's shares 1.58% to a price of $19.97. Check out the company's full 8-K submission here.

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