Nexstar-Media General Merger Approved by DOJ

Nexstar_300TV Newscheck reports that the Department of Justice has said it will approve Nexstar Broadcasting’s $4.6 billion purchase of Media General with the requirement that Nexstar sell seven television stations in six markets, all outside Michigan.

Nexstar currently owns one television station in Michigan,  WJMN-TV (Marquette).  Media General owns WOOD-TV/WOTV-TV/WXSP-CD (Grand Rapids) and WLNS-TV (Lansing).  In addition, it has a joint sales and shared services agreement with WLAJ-TV (Lansing).

No closing date on the transaction has been announced yet.

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