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Federal judge blocks Nexstar-Tegna TV station merger until antitrust lawsuit is settled
A federal judge blocked the $6.2 billion merger between Nexstar Media Group and Tegna due to antitrust concerns, citing potential price hikes for consumers, reduced local journalism, and monopolistic risks. The ruling halts the deal until a lawsuit by eight attorneys general and DirecTV is resolved, despite prior approval by the FCC and DOJ.
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