The Federal Communications Commission has approved the merger of the Nexstar Media Group and its rival Tegna, creating a company that will control more than 250 television stations across the country, most of them local affiliates of ABC, CBS, Fox and NBC.
The Federal Communications Commission on Thursday said it had approved the merger of local television giants Nexstar Media Group and rival Tegna, the same day that two lawsuits trying to block the deal were announced.
Nexstar said last August that it... [3766 chars]