Media Bureau Starts Nexstar/Tegna Pleading Cycle
The FCC Media Bureau has kicked off the pleading cycle for Nexstar’s proposed $6.2 billion purchase of Tegna, said a public notice Monday. Petitions to deny the transaction are due Dec. 31, opposition filings Jan. 15, and replies Jan. 26.…
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Under FCC rules, the combined company would reach 54.5% of U.S. households, so Nexstar has asked the agency to waive the 39% national ownership cap (see 2511190056).