On September 8, 2015, Media General announced that it would acquire the Meredith Corporation for $2.4 billion, with the combined group to be renamed Meredith Media General once the sale is finalized. Because Meredith already owns WFSB, and the two stations rank among the four highest-rated stations in the Hartford–New Haven market in total day viewership, the companies would have been required to sell either WFSB or WTNH to comply with FCC ownership rules as well as recent changes to those rules regarding same-market television stations that restrict sharing agreements; WCTX would have been the only one of the three stations affected by the merger that could be legally be acquired by Meredith Media General, as its total day viewership ranks below the top-four ratings threshold. However, on January 27, 2016, Nexstar Broadcasting Group announced that it had reached an agreement to acquire Media General, resulting in the termination of Meredith's acquisition by Media General.