$6.2 Billion Nexstar-Tegna Merger Closes Despite Lawsuit and SoCal Defense Startups Secure Funding Boost

A deal to merge two of the largest local television news companies, Nexstar and Tegna, closed Thursday despite a lawsuit from the attorneys general of eight states to block it. The Federal Communications Commission and the Justice Department approved the $6.2 billion deal, clearing the way for Nexstar to expand its already massive broadcast operation. Meanwhile, Muslims around the world are celebrating the holiday of Eid al-Fitr, marking the end of the holy month of Ramadan. It's a day traditionally greeted with joy as families and friends gather in prayer, enjoy traditional delicacies, and take part in vibrant festivities, but...