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1 article

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.

3 min read Mar 19, 01:29 PM