Nexstar Broadcasting (NXST) Completes Acquisition of Media General (MEG)
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Nexstar Broadcasting Group Completes Acquisition of Media General Creating Nexstar Media Group, the Nation’s Second Largest Television Broadcaster
January 17, 2017 4:15 PM ESTLeading, Diversified Local Marketing and Content Platform Reaches Almost 39% of U.S. Television Households
Nexstar Completes Previously Announced Divestitures of 13 Television Stations for $548 Million
Nexstar Media Group Increases Pro-Forma Average Annual Free Cash Flow Guidance for the 2016/2017 Cycle to $565 Million from $540 Million
IRVING, Texas--(BUSINESS WIRE)-- Nexstar Broadcasting Group, Inc. (Nasdaq: NXST) (Nexstar or the Company) announced today that it completed its previously announced acquisition of Media General, Inc. (NYSE: MEG) in an accretive cash and stock... More
