Eight States Sue to Block $6.2 Billion NexstarTegna Deal

Date:

California Attorney General Rob Bonta speaks at a press conference in Santa Ana, Calif., on Sept. 8, 2022. John Fredricks/The Epoch TimesEight states led by California sued on March 18 to stop Nexstar Media Group’s proposed $6.2 billion purchase of Tegna Inc., saying the deal would concentrate local TV ownership and harm consumers.California Attorney General Rob Bonta said in a statement that if allowed to proceed, the merger would create the largest broadcast station group in the United States, “putting more broadcast programming in the hands of fewer people.”

spot_imgspot_imgspot_img

Share post:

More like this
Related

Irans President Says Tehran Has Right to Enrich Uranium as Swiss Talks Underway

Iranian President Masoud Pezeshkian speaks at a press conference...

Iran Says It Closed Strait of Hormuz

A drone view shows vessels in the Strait of...

Vance Arrives in Switzerland for USIran Talks

Vice President JD Vance disembarks Marine Two as he...

Trump Threatens to Impose Hormuz Transit Toll If Final Iran Peace Deal Not Reached

Vessels are seen anchored in Bandar Abbas along the...