FCC Blesses Nexstar, Media General Merger


NexstarMediaGeneralIn an unexpected move that comes just nine days before Inauguration Day and the departure of Chairman Tom Wheeler, the FCC this morning waived its prohibition on consummation of any transactions during the broadcast television spectrum incentive auction, which is set for Round 46 on Thursday morning (1/12).

As a result, Nexstar Broadcasting can proceed with its long-delayed closing of its merger with Media General.

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