Nexstar Media Group to Acquire Tegna for $6.2 Billion
The Federal Communications Commission (FCC) has approved a massive takeover deal involving local television giant Nexstar Media Group and Tysons-based rival Tegna, sparking concerns over reduced competition in journalism and the broadcasting industry. The proposed merger will create the largest broadcast station owner in the US, with 265 stations across 44 states and D.C., most … Read more