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Nexstar Media Group acquires Tegna for $6.2 billion, consolidating the US television and local news landscape. Regulatory approval likely under Trump administration.
Tegna merger "represents arguably the largest move toward corporate consolidation of local media in the modern era,” State Rep. Doug Clemens, D-St. Ann, said.
Indianapolis residents will see three of its biggest local stations under the same company if the FCC allows the biggest owner of local stations to buy another group.
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