Tech
States Sue to Block Nexstar’s $6.2B Tegna Buy, Calling the Deal Illegal — and Trump Says Do It Anyway
Eight state attorneys general sued to stop Nexstar’s $6.2 billion takeover of Tegna, arguing it would concentrate local TV ownership, hike pay-TV prices, and weaken local news. The deal has support from President Trump and FCC chair Brendan Carr, while Nexstar asks regulators for a waiver of ownership limits.