Nexstar Slams Judge's Injunction Pausing Tegna Merger in Expedited Appeal Request: 'Inflicts Unrecoverable Harm'

4 weeks ago 12

Rommie Analytics

Not only did Nexstar hit back at a lawsuit filed by DirecTV and multiple state attorneys general that sought to disrupt its $6.2 billion merger with Tegna, the company also slammed the injunction pausing the deal. The multimedia conglomerate requested an expedited appeal with the Ninth Circuit on Wednesday evening, where Nexstar slammed the federal judge's preliminary injunction freezing the merger. In the document, the company railed against the injunction as a "straightjacket" that risked "profound harms" to Tegna. The request also suggested that a lengthy legal fight "locks . . .
Read Entire Article