Nexstar, the largest owner of local television stations in the United States, announced Tuesday that it would be acquiring rival Tegna in a $6.2 billion mega-deal that would reshape the landscape of local media as the Trump administration seems poised to loosen regulatory limits.
In fact, seemingly alluding to the presumption that Donald Trump’s handpicked Federal Communications Commission chief Brendan Carr would approve the deal despite current restrictions in place, Nexstar CEO Perry Sook heaped praise on the administration in his company’s announcement of the deal.
