A federal court has issued a preliminary injunction, temporarily freezing Nexstar's planned merger with Tegna. This judicial action halts the acquisition of Tegna by local television giant Nexstar.
The judge's order will remain in effect until an antitrust lawsuit concerning the proposed takeover is resolved. Nexstar has also been directed to cease all integration plans related to the merger.
The temporary block comes as the companies navigate legal challenges to the major television station consolidation. This is a developing story and will be updated as details emerge.
