Television & Radio M&A » By The Online Investor Staff, updated Thu., Apr. 25, 5:08 PM
Recent mergers and acquisitions in the Television & Radio M&A category.
Slide #18. Nexstar Broadcasting Group and Mission Broadcasting — Six Television Stations in Two Markets
Acquirer: |
Nexstar Broadcasting Group and Mission Broadcasting (NASDAQ:NXST) |
Acquiree: |
Six Television Stations in Two Markets |
Details: |
Nexstar Broadcasting Group, Inc. (NASDAQ:NXST) ("Nexstar") announced today that it and Mission Broadcasting, Inc. ("Mission") have entered into definitive agreements to acquire six television stations in two markets for $37.5 million, in transactions that are expected to be immediately accretive upon closing. |
Nexstar Media Group is a television broadcasting and digital media company focused on the acquisition, development and operation of television stations and interactive community websites and digital media services. Co. also owns NewsNation, a live daily national news and general entertainment cable network, two digital multicast networks and other multicast network services, various digital products, services and content, an ownership stake in Television Food Network, G.P., and a portfolio of real estate assets. The stations Co. owns and operates or provides services to provide programming to its markets' television viewing audiences.
NXST SEC Filing Email Alerts Service
Open the NXST Page at The Online Investor »
Company Name: |
Nexstar Media Group Inc |
Stock buyback: |
NXST buyback |
Website: |
www.nexstar.tv |
Sector: |
Television & Radio |
Number of ETFs Holding NXST: |
67 |
Total Market Value Held by ETFs: |
$912.82M |
Total Market Capitalization: |
$5.45B |
% of Market Cap. Held by ETFs: |
16.74% |
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April 25, 2024 5:08 PM Eastern
Buy (3.43 out of 4)
53rd percentile
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