Instagram/Perry Sook & Donald Trump Celebrity Nexstar's $6.2B Tegna merger, backed by Trump, aims to create the largest U.S. local TV giant, reaching 80% of households. Deal set to close by June 30. April 5, 2026 AceShowbiz - Perry Sook, CEO of Nexstar Media Group, expressed gratitude for the backing of President Donald Trump regarding the company's pending acquisition of Tegna in a $6.2 billion deal. This transaction, if completed, would create the largest local TV station owner in the United States, reaching approximately 80% of American households.