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Stock impact report

Nexstar Seeks Approval of TEGNA Acquisition From Federal Communications Commission

Nexstar Media Group, Inc. - Class A (NXST) 
Last nexstar media group, inc. - class a earnings: 2/26 07:04 am Check Earnings Report
Company Research Source: Business Wire
Company Files Applications for FCC Consent to Transfer TEGNA's Broadcast Licenses IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group, Inc. (Nasdaq: NXST), today announced that in connection with its pending acquisition of TEGNA Inc. (NYSE: TGNA), the companies have filed applications with the Federal Communications Commission (FCC) seeking consent to the transfer of the broadcast licenses currently controlled by TEGNA to Nexstar. The applications address why, if certain of the FCC's rules governing television ownership remain in effect, waiver of the rules would serve the public interest, especially in the local communities Nexstar's stations will serve.In connection with the filing, Nexstar’s Founder, Chairman, Chief Executive Officer, Perry Sook, released the following statement:“Nexstar’s acquisition of TEGNA is vitally important to the future of local television and local journalism. We are grateful that the Trump administration and the FCC recognize that the current televisio Show less Read more
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