Tegna Shareholders Face Lawsuits Over Nexstar Merger Proxy Disclosures

Reuters11-11
Tegna Shareholders Face Lawsuits Over Nexstar Merger Proxy Disclosures

TEGNA Inc. has entered into an agreement with Nexstar Media Group, Inc., under which TEGNA will merge with a wholly owned subsidiary of Nexstar and become a wholly owned subsidiary of Nexstar. According to TEGNA, the company has filed a definitive proxy statement with the SEC regarding the merger and has received several complaints from stockholders alleging that the proxy materials contained false or misleading information or omitted material details. TEGNA stated it believes these claims are without merit but has provided supplemental disclosures to address the concerns and minimize the risk of litigation delaying the completion of the merger.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Tegna Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-25-109258), on November 10, 2025, and is solely responsible for the information contained therein.
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