Nexstar, the biggest TV station owner in America, announced it will buy Tegna for $6.2 billion on Tuesday, as reported by CNN , due to the major market impact of this deal. This massive purchase will create the largest collection of local TV stations in the country. The deal is said to occur because Nexstar believes the Trump administration will allow such big mergers to go through. Currently, companies can only reach 39 percent of all American TV homes, but station owners want this limit raised, CNN says. The companies also mentioned having a need to grow bigger to compete with tech giants like Google and Facebook .

Public interest groups worry that when big companies merge, it hurts competition and reduces local news coverage that people depend on. However, investors are excited a

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