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Nexstar to buy Tribune Media for $4.1B

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Media company Nexstar agreed to purchase Tribune Media for $4.1 billion.

Through the deal, Nexstar would gain access to Tribune's 42 television stations. That would make Nexstar the largest owner of local TV stations in the United States.

Upon completion of the deal, Nexstar would have 216 stations in 118 markets and cover nearly half of the United States.

Read more from USA Today.

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