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rump administration approves Nextstar takeover of Tegna - MS NOW
Overview
The administration approved Nexstar's $6.2 billion takeover of Tegna, allowing Nexstar to exceed the national ownership cap and prompting lawsuits from several state attorneys general; a federal judge has since blocked the merger pending antitrust review. The FCC's planned challenge to ABC's station licenses amid the Kimmel controversy added to concerns about political influence on broadcast regulation. The Caesars-Fertitta deal is another high-profile consolidation in U.S. media and entertainment and suggests that ongoing political and antitrust scrutiny of large transactions could shape outcomes across sectors, potentially increasing legal and regulatory hurdles for future deals.
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ORGTrump administrationORGNexstarORGTegna
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