Nexstar Media Group, Inc. completed its previously announced acquisition of Tribune Media Company in an accretive transaction valued at approximately $7.2 billion, creating the nation’s largest local television broadcaster.
Nexstar Media Group’s indirect wholly-owned subsidiary, Nexstar Broadcasting, Inc., has priced a $3,065 million term loan B facility and $675 million term loan A facility, marking its completion of primary financing for Tribune Media transaction at attractive rates and terms.
Nexstar Media Group entered into a definitive agreement with Circle City Broadcasting I, a newly-formed minority-led broadcaster controlled and owned by DuJuan McCoy for the sale of two stations in Indianapolis for $42.5 million in cash following the completion of Nexstar’s acquisition of Tribune.
Nexstar Media Group, Inc. will report its 2019 first quarter financial results before the market opens on Wednesday, May 8, 2019. The Company will host a conference call and webcast at 10:00 a.m. ET that morning to review the results.
Nexstar Media Group, Inc. and Tribune Media Company announced definitive agreements to sell a total of nineteen stations in fifteen markets for an aggregate $1.32 billion in cash following the acquisition of Tribune Media by Nexstar.
Five companies saw their share prices “stretch hundredfold” during the stock market’s bull run, with Nexstar Media Group being the third-biggest winner, behind Ulta Beauty and Exact Sciences, according to TradeStation data.
Nexstar Media Group promoted Terri Bush to Associate Counsel and Senior Vice President, Human Resources and named Charles Pautsch Associate Counsel & Vice President Labor and Employment Relations.
Nexstar Media Group, Inc. (NASDAQ: NXST) is hosting a conference call and webcast at 10:00 a.m. ET on Tuesday, February 26, 2019 to review its 2018 fourth quarter financial results.
Nexstar Media Group, Inc. will report 2018 fourth quarter financial results before the market opens on Tuesday, February 26, 2019 and host a conference call and webcast at 10:00 a.m. ET.
Nexstar promoted Tammy Blumhagen to Vice President and General Manager of its central and western North Dakota television and digital operations.