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Nexstar buying Tegna, deal worth $6 billion
Posted on 8/19/25 at 10:05 am
Posted on 8/19/25 at 10:05 am
Are we about to see a consolidation into just 3-4 broadcast groups nationally? Looking gray stock sitting under $6 a share, got a lot of debt too and forecast this year looks pretty down. Could they be a buyout target next?
2
Posted on 8/19/25 at 10:59 am to HangingWithMrCooper
Not sure, but I enjoyed watching your TV show in the 90s.
Posted on 8/19/25 at 11:30 am to HangingWithMrCooper
NXST has been good for me over the last 5 years . My avg is 140 enjoying that growing DIV every year as well.
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