Nexstar Begins Replacing TEGNA Board After Judge Says Structure Violated Injunction

Nexstar begins replacing TEGNA board after judge says structure violated injunction

Nexstar CEO Perry Sook attends a hearing in an antitrust lawsuit challenging his company’s acquisition of TEGNA. (Photo by Matthew Keys for The Desk) Nexstar Media Group is in the process of replacing its Board of Directors to oversee its subsidiary broadcast operations TEGNA after a judge ruled earlier this month that the company’s decision to appoint its own executives to the Board violated a prior court order. In a status report filed Thursda…

Four of five members of Tegna's board have resigned after a judge said Nexstar violated a court order by filling the board with Nexstar-affiliated people (Matthew Keys/TheDesk.net)

Matthew Keys / TheDesk.net: Four of five members of Tegna's board have resigned after a judge said Nexstar violated a court order by filling the board with Nexstar-affiliated people  —  Nexstar Media Group is in the process of replacing its Board of Directors to oversee its subsidiary broadcast operations TEGNA …

Nexstar Begins Replacing TEGNA Board Members

Several board members have already resigned, the process of replacing them has started by Nexstar.

Nexstar Attorneys Offer California Court A TEGNA Board Update

Noting that both Nexstar Media Group and TEGNA “take seriously the concerns” expressed by DirecTV in regard to their compliance of a preliminary injunction ordering a “hold separate” state of affairs between the two TV station ownership groups, a freshly filed status report shows where Nexstar is on reconstituting TEGNA’s Board of Directors. The company led and founded 30 years ago by Perry Sook still has work to do. In a filing submitted to Tro…