Judge Grants Temporary Restraining Order, Putting A Pause On Nexstar-Tegna Merger

A federal judge on Friday evening granted a temporary restraining order to halt Nexstar's merger with Tegna, a transaction that creates a broadcasting giant with almost 270 stations across the country. U.S. District Judge Troy Nunley sided with DirecTV, which is seeking to block the merger, arguing that it violates antitrust laws.