""We need more competition against THE ENEMY, the Fake News National TV Networks," Trump wrote on social media. "Letting Good Deals get done like Nexstar - Tegna will help knock out the Fake News because there will be more competition. ... GET THAT DEAL DONE.""
""If this would also allow the Radical Left Networks to 'enlarge,' I would not be happy," he wrote then."
""The initiatives being pursued by the Trump administration offer local broadcasters the opportunity to expand reach, level the playing field, and compete more effectively with the Big Tech and legacy Big Media companies that have unchecked reach and vast financial resources," Nexstar's CEO, Perry Sook, said w"
President Trump endorsed Nexstar Media Group's $6.2 billion purchase of Tegna, calling increased competition a way to challenge national networks he labels "Fake News." The acquisition would combine Nexstar's more than 200 owned and partner stations and networks like The CW and NewsNation with Tegna's 64 news stations. Trump previously criticized the purchase over concerns about enlarging "Radical Left Networks." The companies operate independently of major broadcast networks. The deal arrives amid FCC efforts to reform local TV ownership rules and recent court decisions loosening market ownership limits. Nexstar frames the merger as aligned with deregulatory policies to help local broadcasters compete.
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