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Trump backs Nexstar’s $6.2B takeover of Tegna to boost competition against major networks.
President Donald Trump reversed his earlier opposition and publicly endorsed Nexstar Media Group’s $6.2 billion proposed acquisition of Tegna, calling it a move to increase competition against what he labeled "Fake News National TV Networks."
The deal, pending regulatory approval, would combine Nexstar’s over 200 stations with Tegna’s 64 news stations across 51 markets, creating the largest U.S. regional TV operator.
Trump’s shift aligns with the administration’s deregulatory agenda and ongoing FCC efforts to relax federal ownership rules.
The transaction comes amid broader changes in media regulation and reflects evolving dynamics in broadcast television.
Trump apoya la adquisición de Tegna por Nexstar por $6.2B para impulsar la competencia contra las principales redes.