Nexstar Media Group, Inc., Statement on Preliminary Injunction

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preliminary injunction regulatory

A preliminary injunction is a court order that temporarily stops a party from taking certain actions while a legal case is ongoing. It’s like a warning sign that prevents someone from moving forward with plans that could cause harm or unfair advantage until the court makes a final decision. For investors, it signals that there may be unresolved legal issues affecting the parties involved, which can impact a company's operations or value.

regulatory approvals regulatory

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over-the-air technical

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Court order regulatory

A court order is a binding instruction issued by a judge or tribunal that requires or prohibits specific actions by a person or organization, similar to a referee’s ruling that must be followed. For investors it matters because a court order can force a company to pay fines, change operations, disclose information, freeze assets, or halt transactions, any of which can affect cash flow, legal risk, reputation and ultimately the stock’s value.

04/17/2026 - 09:36 PM

IRVING, Texas--(BUSINESS WIRE)-- Nexstar Media Group, Inc. (NASDAQ: NXST), today released the following statement on the preliminary injunction issued in connection with the company’s acquisition of TEGNA Inc.:

“This transaction closed more than four weeks ago following receipt of all required regulatory approvals from the Federal Communications Commission and the U.S. Department of Justice. Nexstar Media Group now owns TEGNA and has taken steps consistent with the Court order that has been in effect.

For nearly thirty years, Nexstar has provided free over-the-air access to all its broadcast stations — local news, weather, and community-focused programming alongside major network programming. This pro-competitive transaction will make local stations stronger and support continued investment in local journalism and fact-based news. We will appeal today’s decision and look forward to presenting our case on its merits before the Ninth Circuit Court of Appeals.”

About Nexstar Media Group:
Nexstar Media Group, Inc. (NASDAQ: NXST) is a leading diversified media company that produces and distributes engaging local and national news, sports and entertainment content across its television and digital platforms. For more information, please visit nexstar.tv.