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Nexstar, Tegna urge court to allow cost-saving measures planned before merger

( April 9, 2026, 15:32 GMT | Official Statement) -- MLex Summary: Local TV news broadcasters Nexstar Media and Tegna — which have been enjoined from integrating their business operations post-merger via a temporary restraining order — have asked a US court to permit Tegna cost reductions that had been planned before their merger agreement was signed. "Should the Court enter a preliminary injunction order, any such order should exclude these initiatives from its scope because TEGNA formulated and decided to pursue these initiatives as a stand-alone entity," the companies said. See attached document. ...

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