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flag Trump backs Nexstar’s $6.2B takeover of Tegna to boost competition against major networks.

flag President Donald Trump has reversed his earlier opposition and now publicly supports Nexstar Media Group’s $6.2 billion bid to acquire Tegna, framing the deal as a way to boost competition against what he calls “fake news national TV networks.” If approved by regulators, the merger would combine Nexstar’s more than 200 local stations with Tegna’s 64 stations across 51 markets, creating the largest regional television broadcaster in the United States. flag Trump’s shift aligns with the administration’s broader deregulatory push and the FCC’s efforts to loosen media ownership rules, underscoring changing dynamics in the broadcast television industry.

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