Nexstar-Tegna Merger Wins Trump's Approval Despite Conservative Backlash

Nexstar Media Group's $6.2 billion acquisition of Tegna has received President Donald Trump's support despite earlier criticism from conservative voices. The deal, which brings together two companies with significant holdings in local broadcast media, would allow for more competition against national TV networks. Trump initially criticized the purchase, but later endorsed it, stating that it would help knock out "fake news" and increase competition. However, some conservative voices still oppose the deal, citing concerns over consolidation and the potential harm to conservative voices.