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Massive $6.2B Merger Would Reshape Local TV: See Which Stations Are Affected Massive $6.2B Merger Would Reshape Local TV: See Which Stations Are Affected
Massive $6.2B Merger Would Reshape Local TV: See Which Stations Are Affected Two companies that together own more than 260 local TV stations have agreed to a massive merger that could reshape their industry. Nexstar Media Group will acquire Tysons, Virginia-based TEGNA in a $6.2 billion cash deal, the companies announced in a joint news release on Tuesday, Aug. 19. Nexstar will purchase TEGNA for $22 per share, a 31% premium over TEGNA's 30-day average stock price before reports of the deal surfaced. The overlap is significant in Connecticut, Pennsylvania, and Washington, DC, where Nexstar and TEGNA already own major affiliates. If approved, the merge…

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by Chris Spiker
Business
Volatile Markets Spiral As Trump Threatens China, White House Denies Tariff Pause Rumor Volatile Markets Spiral As Trump Threatens China, White House Denies Tariff Pause Rumor
Volatile Markets Spiral As Trump Threatens China, White House Denies Tariff Pause Rumor Chaos has shaken Wall Street for a third day as the White House denied rumors of a pause on President Donald Trump's sweeping new tariffs that sparked the worst sell-off since the start of the COVID-19 pandemic. The Dow Jones Industrial Average opened down roughly 1,250 points on Monday, April 7. The massive drop continued the market freefall that happened in the aftermath of Trump's "liberation day" announcement. Soon after trading opened, the Dow surged back into the green by around 10:15 a.m. The bounce back appeared to be in response to social media posts claiming Trump was conside…

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by Chris Spiker
News
Melania Trump Leads Fight Against Revenge Porn: ‘Take It Down Act’ Explained Melania Trump Leads Fight Against Revenge Porn: ‘Take It Down Act’ Explained
Melania Trump Leads Fight Against Revenge Porn: ‘Take It Down Act’ Explained Melania Trump has a message for Congress: It’s time to act. The First Lady is taking a high-profile stand against deepfake pornography and online sexual exploitation, calling on lawmakers to pass the TAKE IT DOWN Act, a bipartisan bill that would criminalize the publication of non-consensual intimate images (NCII), including AI-generated content, according to Congressional records. Trump, alongside Sen. Ted Cruz (R-Texas) and Rep. Maria Elvira Salazar (R-Fla.), hosted a bipartisan roundtable discussion Monday, March 3, where victims and advocates shared gut-wrenching stories about how AI-ge…

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by Cecilia Levine
Politics
UVA Alum Harmeet Dhillon Nominated For Prestigious DOJ Role In Trump Administration UVA Alum Harmeet Dhillon Nominated For Prestigious DOJ Role In Trump Administration
UVA Alum Harmeet Dhillon Nominated For Prestigious DOJ Role In Trump Administration A Virginia legal luminary with deep ties to the Commonwealth has been tapped for a high-profile role in the Trump administration, authorities announced Monday. Harmeet K. Dhillon, a University of Virginia Law School alumna and former editorial board member of the Virginia Law Review, has been nominated by President-elect Donald Trump to serve as Assistant Attorney General for Civil Rights at the US Department of Justice. Dhillon butted head with Virginia officials repeatedly about COVID-19 matters inclucing issues such as PPP funding, face masks, and other policies that were put in place du…

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by Zak Failla