Alpha Crypto Alerts Alpha Crypto Alerts
  • Investing
  • Stocks
  • Business
  • Politics
Search the Site
Popular Searches:
Adventure Samsung Community
Recent Posts
Bill Simmons under review by Massachusetts authorities after admitting to proxy sports betting
September 4, 2026
Internal probe finds Dianna Russini’s ties to Patriots coach to be ‘awkward’ and ‘uncomfortable’
September 4, 2026
U.S. oil giant Chevron confirms it will expand operations in Venezuela
September 4, 2026
Alpha Crypto Alerts Alpha Crypto Alerts
  • Investing
  • Stocks
  • Business
  • Politics

    Smarter markets start here.
    Join our newsletter

    Copyright © 2026 acryptoalert.com | All Rights Reserved
    Home/Business/Republican state attorneys general join lawsuit to stop $6.2B local TV merger
    Business

    Republican state attorneys general join lawsuit to stop $6.2B local TV merger

    May 2, 2026 2 Min Read

    Five more states are joining a federal antitrust lawsuit aimed at stopping the blockbuster merger of Nexstar and Tegna, a corporate tie-up that would create the largest operator of local television stations in the country.

    California Attorney General Rob Bonta, whose office is leading the court challenge, said Thursday that Indiana, Kansas, Massachusetts, Pennsylvania and Vermont had joined as plaintiffs, making the suit a bipartisan effort.

    “This is not controversial stuff — this merger is illegal and will give Nexstar and Tegna the ability to control and raise prices, fire journalists, and dominate the media landscape,” Bonta said in a statement.

    “We welcome our sister states into the fray and look forward to fighting alongside them,” Bonta added.

    In a statement, Nexstar called the state attorneys general “misguided” and accused them of “strangling local journalism” with their legal efforts.

    “The AGs, none of whom has a track record of advocating for local media, would do well to understand the industry they purport to protect,” Nexstar said in part, adding that local broadcast station owners need to grow so they can better compete with Big Tech platforms.

    “The alternative to this deal is not more independently owned outlets — it’s the demise of your local broadcast station,” the company said.

    Tegna did not immediately respond to a request for comment Thursday.

    The new plaintiffs join a lineup that includes state attorneys general for Colorado, Connecticut, Illinois, New York, North Carolina, Oregon and Virginia. The 13 state attorneys general filed an amended complaint Thursday.

    The attorneys general of Indiana, Kansas and Pennsylvania are Republicans, while the others behind the suit are Democrats.

    U.S. District Judge Troy L. Nunley in California two weeks ago issued a preliminary injunction pausing the merger as the case goes forward. Bonta’s office at the time touted the ruling as a “critical win in our case.”

    The Federal Communications Commission and the Justice Department both approved the merger last month. President Donald Trump also publicly backed the deal.

    In green-lighting it, the FCC waived a rule barring any single company from owning television stations that reach more than 39% of U.S. households. The combined entity would own 264 TV stations and reach as many as 80% of U.S. households, according to estimates cited in court documents.

    FCC Chairman Brendan Carr, a Trump appointee, said waiving the rule was “consistent” with the agency’s legal authority.

    The FCC’s waiver is the subject of a separate legal challenge filed by an eclectic coalition of petitioners that includes the conservative cable news channel Newsmax and a group of progressive advocacy groups.

    Newsmax CEO Chris Ruddy has said he believes it was unlawful for the FCC to waive the 39% rule for Nexstar because it was set by an act of Congress and most recently amended in a 2004 law.

    “Basically,” Ruddy told NBC News last month, “the FCC has decided to try to invalidate the law by an administrative decision. I think it’s wrong. I think it’s a threat to democracy.”

    Previous Post

    Graphic: Track U.S. and state gas prices

    Next Post

    Amazon explores ‘The Apprentice’ reboot with Trump Jr set for promotion: report

      Smarter markets start here.
      Join our newsletter

      Popular Posts
      Business
      Shares in fast fashion retailer Shein slide in long-delayed Hong Kong debut
      Business
      Panda Express CEOs say their ‘mission’ is to help employees realize the American dream of homeownership
      Business
      GOP lawmakers criticize Trump’s beef import plan amid blowback from ranchers
      New York sues Kalshi, says its prediction markets are illegal gambling
      CBS’ ‘60 Minutes’ announces new slate of correspondents for upcoming 59th season
      A new media ecosystem is taking root on the left, reshaping Democratic politics
      Popular
      CBS’ ‘60 Minutes’ announces new slate of correspondents for upcoming 59th season
      A new media ecosystem is taking root on the left, reshaping Democratic politics
      Trending
      Shares in fast fashion retailer Shein slide in long-delayed Hong Kong debut
      Panda Express CEOs say their ‘mission’ is to help employees realize the American dream of homeownership
      • Terms and Conditions
      • Privacy policy
      Copyright © 2026 acryptoalert.com | All Rights Reserved