Justice Department Requires Structural Relief to Resolve Antitrust Concerns in Nexstar’s Merger with Tribune
The Department of Justice will require Nexstar Media Group and Tribune Media Company to divest broadcast television stations in thirteen markets as a condition of resolving a challenge to the proposed $6.4 billion merger between Nexstar and Tribune. The Justice Department’s Antitrust Division, along with the offices of three state Attorneys General, filed a civil antitrust lawsuit in the U.S. District Court for the District of Columbia to block the proposed merger.