Leading union at Nexstar-owned TV stations plans shareholder battle

As the local TV giant Nexstar seeks to expand its reach with its $6.2 billion TEGNA acquisition, the union that represents some of its employees is planning to foment a shareholder revolt.

The Communications Workers of America, which represents hundreds of workers at Nexstar-owned TV stations through the National Association of Broadcast Employees and Technicians, said Monday that it intends to propose five “governance proposals” at Nexstar’s upcoming annual meeting, and will solicit shareholder approval for them.

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