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Nexstar seeks FCC approval for $3.6B Tegna deal, citing improved local news and efficiency.
Nexstar Media Group has formally requested the Federal Communications Commission approve its proposed $3.6 billion acquisition of Tegna Inc., seeking a waiver to exceed current broadcast ownership limits.
The company argues the deal would enhance local news coverage and improve operational efficiency, while maintaining editorial independence.
The FCC is now reviewing the application, with a decision expected in the coming months.
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Nexstar busca la aprobación de la FCC para un acuerdo de $3.6B Tegna, citando mejoras en las noticias locales y la eficiencia.