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NDIANAPOLIS — Nexstar Media Group, which owns Fox 59 and CBS 4, is set to buy Tegna, the company that owns WTHR, in a $6.2 billion deal. Nexstar will pay $22 a share for all of Tegna’s stock. Tegna’s board has approved the deal, and any debt will be handled when the sale closes. The FCC still needs to approve the merger, since it would give Nexstar control of a huge number of TV stations across the country. Nexstar already has financing lined up to make it happen. Read full article here: https:/
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