U.S. approves $6.2 billion merger set to reshape local TV

Washington Post: The Justice Department and Federal Communications Commission each gave a green light to the deal, Nexstar said. FCC Chairman Brendan Carr allowed the deal to proceed by waiving a cap that has historically barred station owners from expanding to reach more than 39 percent of American households. Nexstar previously said the deal would give it 265 stations across the country, reaching 80 percent of households…

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