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Television News DailyNexstar Media-Tribune Media Deal Approved By FCC, Station Affiliation Deal Renewed With Fox

The FCC has approved the Nexstar-Tribune deal -- valued at $6.4 billion, including debt -- and the TV station divestiture plan related to the deal to meet regulatory TV station ownership limits. Following the acquisition, Nexstar will own, operate, program or provide services to Fox affiliates in 39 markets -- the largest TV station operator of Fox-affiliated stations, covering 16% of the U.S. and ...

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