Nexstar weighed in for the first time on a judge’s order that halted its merger with Tegna, warning the court that it will have difficulty fully complying because certain aspects of the closed transaction “cannot be reversed.”
U.S. District Judge Troy Nunley granted a temporary restraining order to DirecTV on Friday, ruling that it was likely to succeed on the merits of its antitrust claims against the merger. The judge put a 14-day freeze on the merger and set a hearing for April 7 to consider a preliminary injunction.
In a filing on Tuesday, Nexstar’s legal team wrote that the restraining order “creates immediate operational harm to Tegna and Nexstar, regulatory conflicts, and a governance vacuum.”
They wrote, “Upon closing, Nexstar and Tegna took many typical steps that may not have been
apparent to the Court when it issued its TRO. It is particularly difficult to freeze integration
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