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Feder: Nexstar to acquire WGN in Tribune Media deal

And the winner of Tribune Media is: Nexstar Media Group, Robert Feder writes.

In a $6.4 billion deal announced Monday, the Irving, Texas-based firm agreed to buy the parent company of "Chicago's Very Own" WGN-Channel 9, CLTV and WGN 720-AM along with TV stations in 41 other markets.

Get the full report and more Chicago media news at robertfeder.com.