Nexstar’s CEO Perry Sook said a settlement to resolve its antitrust lawsuit tied to the Tegna merger is possible. He characterized Nexstar as facing less legal pressure than peers such as Paramount facing more active opposition, implying reduced (but not eliminated) deal risk.
Nexstar’s CEO Perry Sook said a settlement to resolve its antitrust lawsuit tied to the Tegna merger is possible. He characterized Nexstar as facing less legal pressure than peers such as Paramount facing more active opposition, implying reduced (but not eliminated) deal risk.
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mildly negative
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