Nexstar wins U.S. antitrust approval to merge with Media General

September 2, 2016 3:43 PM

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WASHINGTON Nexstar Broadcast Group (NXST.O) has won U.S. antitrust approval to buy Media General Corp (MEG.N) on condition that it sell seven television stations, the Justice Department said on Friday.

The $4.6 billion deal had been announced in January. It is also being reviewed by the Federal Communications Commission.

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