Judge halts Nexstar/Tegna merger over ownership limits

A federal judge has issued a preliminary injunction halting the proposed merger between Nexstar Media Group and Tegna Inc. The court's decision stems from concerns that the Federal Communications Commission (FCC) improperly allowed the companies to exceed television ownership limits. The judge ordered the companies to immediately cease any integration or consolidation efforts. This ruling represents a significant setback for the planned merger, which had faced scrutiny over its potential impact on media consolidation and competition.