• Nexstar completed its acquisition of Tegna under a merger agreement.
• At the effective time of the merger, eligible Tegna common shares were converted into the right to receive USD 22.00 per share in cash.
• Time-based and performance-based Tegna restricted stock unit awards granted before August 18, 2025 were fully vested and converted into the right to receive the same cash consideration per underlying share, net of required withholdings.
• In connection with the deal, a Nexstar subsidiary launched a cash tender offer for Tegna’s 5.000% senior notes due 2029 and solicited consents to amend the related indenture.
• Holders of a majority of the outstanding notes consented, and a supplemental indenture was executed, with the amendments becoming operative upon settlement of the tender offer.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Tegna Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-032772), on March 20, 2026, and is solely responsible for the information contained therein.