Federal Communications Commission chair backs Nexstar, Tegna merger

Reuters

02/19

Feb 18 (Reuters) - The chair of the Federal Communications Commission said Wednesday he supports Nexstar's proposed $3.54 billion acquisition of Tegna that would make the combined entity the largest U.S. regional TV station operator.

"I support that transaction. We're going to be moving forward," FCC Chair Brendan Carr told reporters. Earlier this month, President Donald Trump publicly backed the merger.

(Reporting by David Shepardson; Editing by Chizu Nomiyama )

((David.Shepardson@thomsonreuters.com; 2028988324;))

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