Trump FCC lets Nexstar buy Tegna and blow way past 39% TV ownership cap

via fcc.gov

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The Federal Communications Commission yesterday approved Nexstar Media Group’s $6.2 billion purchase of Tegna, granting a waiver that lets the broadcast giant go way past the national limit on station ownership. Nexstar said it closed the acquisition late in the day yesterday, immediately after receiving the FCC approval. The deal was also approved by the […]

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