SACRAMENTO — Nexstar has vigorously responded to a motion by eight states seeking a temporary restraining order (TRO) to stop its $6.2 billion merger with TEGNA by arguing that a TRO would “irreparably harm Nexstar.”
“A temporary restraining order (TRO) preventing integration would irreparably harm Nexstar and others, halt the benefits of expanded local programming for millions, disrupt a fully approved and closed deal, jeopardize Nexstar’s business by creating confusion in the market, and impose in losses while creating a direct conflict with a lawful FCC Order,” the motion argued. “The States cite to no court that has issued a TRO on a consummated deal where, as here, two expert federal agencies have approved it. The Court should deny this thirteenth-hour request.”
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