Research
NXST Jumps 4.8% as Court Eases TRO — $300M Synergy Case for Nexstar-TEGNA Deal
A judge eased merger-blocking TRO provisions on April 10, boosting NXST 4.8% and signaling integration greenlight post-TEGNA close. With $300M synergies and cheap fwd multiples, Nexstar eyes FCF explosion amid deregulation. Key watch: TRO expiry, debt reduction.