Two of Knoxville’s largest TV stations have the same owner now that the Federal Communications Commission approved the multibillion sale of Tegna to Nexstar.
Nexstar, owner of WATE, said it closed its acquisition of Tegna, owner of WBIR, following approval from the FCC and the U.S. Department of Justice.
“This transaction is essential to sustaining strong local journalism in the communities we serve,” Nexstar CEO Perry Sook said in a statement…