McDad
I can't brain today; I has the dumb.
- Joined
- Jan 3, 2011
- Messages
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From link:
If the transaction is approved, Nexstar will pay $22 in cash for each share of Tegna’s outstanding stock. And the regulatory greenlight could be likely under President Donald Trump’s administration, which has long-advocated for loosening industry restrictions
......Other experts note that previous consolidation in the industry has already shown this.
Nexstar, founded in 1996, has itself grow substantially with acquisitions over the latest two decades, becoming the biggest operator of local TV stations in the U.S. after it purchased Tribune Media back in 2019.
.....The potential purchase also arrives amid wider regulatory shifts. Brendan Carr, the Trump-appointed chairman the Federal Communications Commission, which will need to give the transaction the green light, has long advocated for loosening industry restrictions. On Aug. 7, the FCC [COLOR=var(--color-link-text)]announcedhttps://www.fcc.gov/document/fcc-delete-98-outdated-broadcast-rules-and-requirements[/COLOR] that it would be repealing 98 broadcast rules and requirements that it identified as “obsolete, outdated, or unnecessary.”
I don't know how to fix the font issue. I don't even know why the three copy pasted are different.
