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FCC Approves $4.6 Billion Media General-Nexstar Merger

By Jenna Ebersole ( January 11, 2017, 5:23 PM EST) -- The Federal Communications Commission on Wednesday agreed to allow Nexstar Broadcasting Group Inc. to buy Media General Corp. in a $4.6 billion deal, agreeing also to waive rules that would have barred the transaction during the ongoing broadcast incentive auction....

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