FCC backs Nexstar’s $4.1B deal for Tribune Media stations
The Federal Communications Commission OK’d Nexstar’s $4.1 billion takeover of Tribune Media Monday — paving the way for the Texas-based Nexstar to become the largest broadcast company in the US with 144 stations in 115 markets. The FCC’s commissioners voted 3-to-2 vote in favor of the deal, which also includes $2.3 billion in Tribune debt,…
FCC backs Nexstar’s $4.1B deal for Tribune Media stations
The Federal Communications Commission OK’d Nexstar’s $4.1 billion takeover of Tribune Media Monday — paving the way for the Texas-based Nexstar to become the largest broadcast company in the US with 144 stations in 115 markets. The FCC’s commissioners voted 3-to-2 vote in favor of the deal, which also includes $2.3 billion in Tribune debt,…