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Nexstar secures merger with Tegna after FCC, DOJ approval

CN
CitrixNews Staff
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Nexstar secures merger with Tegna after FCC, DOJ approval

The Federal Communications Commission (FCC) and Department of Justice (DOJ) have cleared Nexstar Media Group’s acquisition of fellow local broadcaster Tegna, the company announced on Thursday. The company announced the deal’s closure after the FCC said in its own press release that it was granting Nexstar a waiver of the department’s rule capping the percentage…

Originally reported by The Hill