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NXST
New York Post
9 hrs

Nexstar facing opposition from conservatives over $6.2B merger despite sidelining Jimmy Kimmel

1. Nexstar suspends 'Jimmy Kimmel Live!' amid regulatory scrutiny over merger. 2. The $6.2 billion Tegna deal faces opposition from GOP and Newsmax. 3. Critics argue Nexstar's actions may not satisfy FCC's programming balance requirements. 4. FCC Chairman threatens to block mergers without better program diversity. 5. Nexstar's merger could give it a near-monopoly in local broadcasting.

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$199.309/25 07:35 AM EDTEvent Start
$198.1409/25 03:55 PM EDTLatest Updated
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FAQ

Why Bearish?

Regulatory hurdles for the Tegna deal may negatively impact NXST's growth potential, as seen historically with similar media consolidation efforts facing regulatory pushback.

How important is it?

The article discusses regulatory challenges specific to NXST's merger, heavily influencing its market outlook.

Why Long Term?

Regulatory barriers may delay or prevent the merger, affecting NXST's pricing and market share for the foreseeable future, similar to previous delayed media mergers.

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