Federal Court Blocks Six Point Two Billion Dollar Nexstar Media Group Merger with Tegna Station

A federal judge has halted the six point two billion dollar merger between Nexstar Media Group and Tegna following antitrust concerns raised by multiple states and DirecTV.The court ruled the acquisition of two hundred sixty-five local stations likely violates competition laws and could lead to increased consumer costs.Nexstar plans to challenge this preliminary injunction in court as the legal dispute over national broadcast ownership limits continues.
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