Judge halts Nexstar/Tegna merger after FCC let firms exceed TV ownership limit

Ars Technica ·

Judge halts Nexstar/Tegna merger after FCC let firms exceed TV ownership limit

A US judge has ordered Nexstar/Tegna merger to stop after the FCC allowed the firms to exceed TV ownership limit.

Although the Trump administration approved Nexstar Media Group’s $6.2 billion purchase of Tegna, a US judge has ordered the two companies to stop integrating their assets and operations. US District Judge Troy Nunley, an Obama appointee, issued a temporary restraining order on Friday prohibiting integration of the companies until further rulings by the court. …

Original source: Ars Technica

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Tegna · Nexstar · District Court · FCC · California · Donald Trump · United States · Barack Obama