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Nexstar Media Group is buying broadcast rival Tegna for $6.2 billion, which will help strengthen its local news offerings, the company announced Tuesday.
Nexstar is the parent of Indianapolis Fox affiliate WXIN-TV Channel 59 and CBS affiliate WTTV-TV Channel 4. Tegna is owner of Indianapolis NBC affiliate WTHR-TV Channel 13 and low-powered digital sister station WALV-CD Channel 46, a MeTV affiliate.
Tegna does not own any other stations in Indiana, according to the company’s website.
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