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Fly News Breaks for January 25, 2017
SBGI, NXST
Jan 25, 2017 | 09:50 EDT
Stephens analyst Kyle Evans notes that President Donald Trump named Ajit Pai the new Federal Communications Commission Chairman, which he sees as a positive for TV broadcasters, especially Nexstar (NXST) and Sinclair Broadcast (SBGI) as they would be the most likely to benefit if the FCC relaxed M&A restrictions.
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