Nexstar Media Group Inc
NXST: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| xJB | LOCK|YS | LOCK|%$kv^$W |
Nexstar: Reported Tegna Merger Hinges on Further Deregulation and a Fair Price
The Wall Street Journal reported talks of a merger between major station owners Nexstar Media Group and Tegna. Following the report, Tegna shares were up 30% with Nexstar shares increasing 5%.
