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Nexstar Media Group to Acquire Tribune Media for $4.1 Billion

WGN

Media company Nexstar is soon going to acquire Tribune Media‚Äôs 42 television stations with exchange of $4.1 billion. This deal will give Nexstar the largest collection of local TC station in the USA. Nexstar which is based on Irving, Texas will expand to a total number of 216 stations in 118 markets, covering nearly half of the US upon completion of the deal. In addition to WGN, Nexstar gets Tribune’s stations in L.A., New York, […]