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Nexstar Acquires Tribune Media to Become Largest Local TV Provider

HeadlineDec 04, 2018

Nexstar Media Group has announced it will acquire Tribune Media for over $4 billion, making it the largest provider of local television stations in the U.S. In August, Tribune Media pulled out of a proposed merger with right-wing Sinclair Broadcast Group. The FCC had expressed concerns about the merger with Sinclair, despite rolling back rules that prevented consolidation in local media markets in 2017.

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