# NEXSTAR MEDIA GROUP, INC. (NXST) — capital_raise [announced]
Source: SEC API (secapi.ai) · situation sit_5642f05039752f34d3f2 · retrieved 2026-08-12T06:59:33.367Z

## Overview
Nexstar Media Group is a television broadcasting company that operates local television stations across the United States and owns NewsNation, a cable news network, and The CW, an entertainment network.

Nexstar Media Group closed its acquisition of TEGNA on March 19, 2026, following approvals from the FCC and DOJ. Subsequently, DIRECTV and various State Attorneys General filed a federal antitrust lawsuit challenging the acquisition. On April 17, 2026, the U.S. District Court for the Eastern District of California issued a preliminary injunction requiring Nexstar and TEGNA to be held separate during litigation. The District Court trial is scheduled for July 6, 2027, and Nexstar has filed an appeal with the Ninth Circuit seeking to narrow the scope of the preliminary injunction and dismiss state plaintiffs.

## Terms
- Counterparty: TEGNA Inc.

## Key dates
- Announced 2026-08-06

## Timeline
- 2026-08-06 · 8-K (0001193125-26-336678): 8-K - NEXSTAR MEDIA GROUP, INC. — *Nexstar Media Group is a television broadcasting company that operates local television stations across the United States and owns NewsNation, a cable news network, and The CW, an entertainment network.* Nexstar Media Group closed its acquisition of TEGNA on March 19, 2026, following approvals from the FCC and DOJ. Subsequently, DIRECTV and various State Attorneys General filed a federal antitrust lawsuit challenging the acquisition. On April 17, 2026, the U.S. District Court for the Eastern District of California issued a preliminary injunction requiring Nexstar and TEGNA to be held separate during litigation. The District Court trial is scheduled for July 6, 2027, and Nexstar has filed an appeal with the Ninth Circuit seeking to narrow the scope of the preliminary injunction and dismiss state plaintiffs.
  https://www.sec.gov/Archives/edgar/data/1142417/0001193125-26-336678.txt

## Citations
- 0001193125-26-336678 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000119312526336678