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flag Nexstar completes $6.2B purchase of Tegna’s TV stations, including KTLA, after regulatory approvals.

flag Nexstar Media Group has finalized its $6.2 billion acquisition of Tegna’s television stations, including KTLA in Los Angeles, overcoming legal challenges from eight state attorneys general. flag The deal, approved by the FCC and DOJ, creates one of the largest local TV broadcasters in the U.S. Nexstar says the merger strengthens local journalism and supports long-term investment in news, despite concerns over reduced competition and media diversity. flag As part of the agreement, Nexstar will sell WAVY-TV.

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