Fox Corporation (FOX) to Acquire Stations in Seattle and Milwaukee from Nexstar Media Group (NXST) for $350 Million

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Go back to Fox Corporation (FOX) to Acquire Stations in Seattle and Milwaukee from Nexstar Media Group (NXST) for $350 Million

Fox Corporation to Acquire Stations in Seattle and Milwaukee from Nexstar Media Group

November 5, 2019 4:05 PM EST

NEW YORK and LOS ANGELES, Nov. 5, 2019 /PRNewswire/ -- Fox Corporation (Nasdaq FOXA, FOX) ("FOX") today announced a definitive agreement with Nexstar Media Group (NASDAQ: NXST) to acquire three television stations for a purchase price of approximately $350 million.  The stations FOX will be acquiring are located in Seattle, WA and Milwaukee, WI, two key markets that align with the company's sports rights.  The transaction will expand Fox Television Stations' market presence to 14 of the top 15 DMAs.  

The stations being acquired by FOX... More