Judge blocks $6.2bn merger of local TV giants
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Local TV giant Nexstar's $6.2 billion deal to acquire rival Tegna won speedy approval from Trump administration regulators. But it faces a tough challenge from a pair of antitrust lawsuits.
Add Yahoo as a preferred source to see more of our stories on Google. WASHINGTON — The Federal Communications Commission said on Thursday, March 19, it approved the $3.54 billion sale of local television station owner Tegna to Nexstar despite ...
The FCC approved the deal less than a day after eight state attorneys general sued to block it. The combined entity would become the nation’s largest operator of local TV stations.