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FCC Defends Waiver Power In Nexstar-Tegna Merger Fight

By Jared Foretek ( March 26, 2026, 5:01 PM EDT) -- The Federal Communications Commission on Thursday defended its authority to waive the television station ownership cap and approve the transfers at the heart of Nexstar's $6.2 billion acquisition of Tegna, telling the D.C. Circuit that the cap, as an agency rule, can be dispensed with for good cause....

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