Nexstar, Tegna say new board directors will align with court's rules
( August 14, 2026, 17:48 GMT | Official Statement) -- MLex Summary: Local television station operators Nexstar Media Group and Tegna told Sacramento-based Chief US District Judge Troy Nunley that four of the five Nexstar officials who were serving on Tegna's board of directors have resigned and that the last Nexstar-affiliated director left will step down immediately after a replacement is chosen. "Defendants take seriously the concerns expressed in the Court’s Order of August 6, 2026 (“Order”)... Defendants are committed to demonstrating their compliance with the Preliminary Injunction, both in holding TEGNA separate and in maintaining TEGNA’s value as a stand-alone entity," the companies wrote. See attached document. ...
Prepare for tomorrow’s regulatory change, today
MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.
Know what others in the room don’t, with features including:
- Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
- Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
- Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
- Curated case files bringing together news, analysis and source documents in a single timeline
Experience MLex today with a 14-day free trial.