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Nexstar to acquire rival broadcast company Tegna in .2 billion deal

Nexstar to acquire rival broadcast company Tegna in $6.2 billion deal

Nexstar Media will acquire rival broadcast company Tegna for $6.2 billion, according to a joint announcement on Tuesday, another sign of consolidation in an already contracting TV broadcast sector. The transaction, if approved, will bring together two major players in U.S. television, expanding Nexstar’s reach in the U.S. television and local news landscape. Nexstar oversees […]
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