NAB Prods FCC To Process Nexstar Deal Now
In a four-page letter sent Oct. 5 to longtime Federal Communications Commission Secretary Marlene Dortch, National Association of Broadcasters General Counsel and EVP/Legal and Regulatory Affairs Rick Kaplan implored the FCC to move forward with its approval of Nexstar Broadcasting‘s merger of Media General.
“The merits of the proposed transaction have been thoroughly and comprehensively argued before the FCC, and the Department of Justice has blessed the merger,” Kaplan says. “There is no good reason for further delay.”
DOJ in early September gave its blessing to Nexstar Broadcast Group’s $4.6 billion merger acquisition of Media General Corp. – so long as Nexstar sheds seven stations in six different markets.