FCC Approves Nexstar-Marshall Broadcasting Group Deal
November 3, 2014
Nexstar Broadcasting Group has gained Federal Communications Commission approval for the transfer of the former Grant Company licenses from it to minority-owned Marshall Broadcasting Group.
The stations are WFXR-WWCW Roanoke, WZDX Huntsville, KGCW-KLJB in the Quad Cities (IA), and WLAX-WEUX in Lacrosse, Wisconsin. Nexstar called it "an important step in fulfilling Nexstar's commitment to incubate broadcast station ownership by minority-owned companies, which is also a key FCC initiative."
FCC Approves Nexstar-Marshall Broadcasting Group Deal At Last, FCC OKs Nexstar Buy of Grant TVs (TVNewsCheck)