TEGNA Inc. shareholders voted to adopt the Agreement and Plan of Merger with Nexstar Media Group.
Approximately 98% of TEGNA's common stock voted to adopt the Merger Agreement.
The transaction is expected to close by the second half of 2026, making TEGNA a subsidiary of Nexstar Media Group.
Shareholders Approval
98% of TEGNA's common stock voted to adopt the Merger Agreement.
Expected Closure
The transaction is anticipated to close by the second half of 2026.
Market Impact
TEGNA will no longer be traded on the New York Stock Exchange after the merger.
- TEGNA Inc. will become a subsidiary of Nexstar Media Group upon closure of the transaction.
- TEGNA's shares will no longer be traded on the NYSE.
- The merger is subject to regulatory approvals and customary closing conditions.
TEGNA Inc.'s shareholders' approval marks a significant step towards the merger with Nexstar Media Group, reshaping the landscape of media organizations.