simulcasting KFSM's CBS-affiliated main channel 5.1. As of 2016, KXNW added a simulcast of KFSM-DT3 on 34.2, resulting in the KFSM-DT1 simulcast moving to a new 34.3 subchannel. On July 1, 2013, Local TV announced that its stations would be acquired by the Tribune Broadcasting. The sale was completed on December 27. With the completion of the deal, KFSM and KXNW became Tribune's smallest stations by market size (previously, the company's New Orleans duopoly of WGNO and WNOL-TV held this distinction). Aborted sale to Sinclair Broadcast Group On May 8, 2017, Hunt Valley, Maryland-based Sinclair Broadcast Group announced that it would acquire Tribune Media for $3.9 billion, plus the assumption of $2.7 billion in debt held by Tribune. Had the deal received regulatory approval, the transaction would have given KFSM and KXNW new sister stations in the company's ABC affiliates in bordering markets, KTUL in Tulsa and KATV in Little Rock. Three weeks after the FCC's July 18 vote to have the deal reviewed by an administrative law judge amid "serious concerns" about Sinclair's forthrightness in its applications to sell certain conflict properties, on August 9, 2018, Tribune announced it would terminate the Sinclair deal, intending to seek other M&A opportunities. Tribune also filed a breach of contract lawsuit in the Delaware Chancery Court, alleging that Sinclair engaged in protracted negotiations with the FCC and the U.S. Department of Justice's Antitrust Division over regulatory issues, refused to sell stations in markets where it already had properties, and proposed divestitures to parties with ties to Sinclair executive chair David D. Smith that were rejected or highly subject to rejection to maintain control over stations it was required to sell. Sale to Nexstar Media Group On December 3, 2018, Irving, Texas–based Nexstar Media Group—which owns NBC affiliate KNWA-TV (channel 51) and Fox affiliate KFTA-TV—announced it would acquire the assets of Tribune Media for $6.4 billion in cash and debt. Nexstar was precluded from acquiring KFSM and KXNW directly or indirectly, as KFSM and KNWA both fall within FCC criteria prohibiting common ownership of two of the four highest-rated television stations in any market nor does it allow ownership of more than two stations in the same media market. Therefore, Nexstar was required to sell either KNWA/KFTA or KFSM/KXNW to a separate, unrelated company to address the ownership conflict. On March 20, 2019, McLean, Virginia–based Tegna Inc. announced it would purchase KFSM-TV from