Wells Fargo Sees Significant Upside in Nexstar (NXST) Following MEG Financing; Valuation Range Raised to $75-$96
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Nexstar Broadcasting Prices $2.75 Billion Term Loan B Facility
September 27, 2016 5:01 PM EDTCost of Financing Media General Transaction is Below Companys Prior Expectation Resulting in Approximately $60 Million Annual Reduction in Post-closing Interest Expense
Nexstar and Media General Complete All Required Conditions Necessary to Move Forward with the Proposed Transaction and File Supplement to Waiver Seeking FCC Approval
IRVING, Texas--(BUSINESS WIRE)-- Nexstar Broadcasting Group, Inc. (NASDAQ: NXST) (the Company or Nexstar) announced today that its wholly-owned subsidiary, Nexstar Broadcasting, Inc., priced a $2.75 billion term loan B facility. The term loan B facility will... More
