Nexstar’s $6.2 Billion Tegna Deal Approved Amid Controversy
Nexstar, the largest US TV station owner, has won regulatory approval for its $6.2 billion deal to buy rival Tegna, which will reshape local television and news coverage. Founder Perry Sook said the deal is essential for sustaining local journalism. The merger was approved by the Federal Communications Commission (FCC), despite criticism from Democrats and … Read more