HOUSTON (KIAH) — CW39's Parent Company, Nexstar Media Group, announced it has entered into an agreement to acquire TEGNA, pending regulatory approval. Nexstar currently owns and operates more than 200 local tv stations across the country.
Under the new deal, upon closing, Nexstar, together with its partners will have 265 full-powered television stations in 44 states.
According to a Nexstar press release from today, "the new company will be better able to severe communities by ensuring the long-term vitality of local news and programming from trusted local sources and preserving the diversity of local voice and opinion."