A lawsuit opposes Nexstar's proposed $6.2 billion deal to acquire Tegna, which would give the merged company 80% coverage of the U.S.

Tegna approval casts aside long-held media ownership restrictions that prevented a broadcaster from reaching more than 39 percent of households.

Two Harbors Investment Corp.'s merger with UWM Holdings faces significant shareholder resistance, jeopardizing deal completion under current terms. Learn more on TWO.PR.A stock here.

Nexstar, the largest broadcast TV corporation, is looking to merge with Tegna, the fourth largest, in a deal worth $6.2 billion. According to James, such a deal would lead to higher cable prices and fewer journalists in markets such as Buffalo.

Several Northeast states are trying to block Nexstar's $6.2 billion takeover of TEGNA, warning the deal could raise TV costs, cut local jobs, and reduce independent news nationwide. Attorneys general from Connecticut,

Eight states, including California and New York, have filed a lawsuit to stop a major media merger between Nexstar Media Group and Tegna Inc. The deal is valued at $6.2 billion and would create the largest local TV station owner in the country.

President Donald Trump's FCC has proposed waiving antitrust rules to enable the merger of two large media companies. North Carolina and other states want to block the deal.

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