Company News

Nexstar Broadcasting Proposes To Acquire Media General For $14.50 Per Share In Accretive Cash And Stock Transaction Valued At $4.1 Billion

Proposal Provides 30% Premium to Media General Shareholders

Combining Nexstar and Media General Would Create Leading Pure-Play Broadcaster with Enhanced Scale and Substantial Free Cash Flow

Combin

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Nexstar Broadcasting to Bring Louisiana Voters Live Coverage of Gubernatorial Debate on October 7, Debate to Play Important Role in Election on October 24, 2015

Local Nexstar, Mission and Knight Stations Team-up with New Orleans CW affiliate and Lake Charles FOX affiliate to deliver Debate Coverage to Louisiana Voters via Live Television Broadcast and Streami

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Nexstar Broadcasting Enters Into Definitive Agreement To Acquire Four North Dakota CBS-Affiliated Television Stations For $44 Million In Accretive Transaction

Nexstar Raises 2015/2016 Free Cash Flow Guidance to Reflect
Transaction Accretion, Ongoing Operating Strength of Existing
Portfolio and Recent Share Repurchase Activity

IRVING, Texas (September 17, 2

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