Nexstar CEO Perry Sook Confident In Tegna Deal’s On-Time Close; Stock Slides After Soft Q3 Report
Nexstar Media Group founder and CEO Perry Sook says the local TV giant is “making good progress” toward closing its proposed acquisition of rival Tegna on schedule by the second half of 2026. The $6. 2 billion would make Nexstar the “poster company” for a transformed local broadcast sector, Sook acknowledged during the company’s third-quarter earnings [.].