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BRIEF-Nexstar Broadcasting obtains federal communications commission approval for Media General deal

BRIEF-Nexstar Broadcasting obtains federal communications commission approval for Media General deal

– UPDATE 3-As Trump enters White House, California renews climate change fightSAN FRANCISCO, Jan 20 California released new measures to fight climate change within minutes of Donald Trump being sworn in as U.S. president on Friday, signaling the state’s commitment to be the nation’s environmental steward under an administration that has questioned the reality of global warming.
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Media General

Media General

– From Wikipedia, the free encyclopediaMedia General was an American media company based in the Southeastern United States.The company was formed in 1940 when Richmond, Virginia’s two newspapers, the Times-Dispatch and News Leader, merged to form Richmond Newspapers.In 1969, as the company’s media properties grew and diversified, it was renamed Media General.
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Nexstar Broadcasting Obtains Federal Communications Commission Approval for Media General Acquisition

Nexstar Broadcasting Obtains Federal Communications Commission Approval for Media General Acquisition

– IRVING, Texas–(BUSINESS WIRE)–Nexstar Broadcasting Group, Inc. (NXST) announced today that the Federal Communications Commission (“FCC” or “the Commission”), has granted the applications and related waiver requests seeking consent to transfer control of licenses held by subsidiaries of Media General, Inc. (MEG) (“Media General”) from the shareholders of Media General to Nexstar.The FCC further granted the divestiture applications that have been filed to bring Nexstar into compliance with the local and national television ownership rules.In addition, the Commission waived prohibition on the consummation of the transaction during the broadcast television spectrum incentive auction, which remains ongoing.
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