z-Media General Press Release

Nexstar Broadcasting Announces Pricing of $900 Million Offering of Senior Notes

Irving, TX – Nexstar Broadcasting Group, Inc. (NASDAQ: NXST) (the “Company”) announced today that its wholly-owned subsidiary, Nexstar Escrow Corporation (the “Escrow Issuer””), has priced an offering of $900 million in aggregate principal amount of 5.625% new senior notes due 2024 (the “Notes”). The sale of the notes is expected to be completed on or […]

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Nexstar Broadcasting Announces $900 Million Offering of Senior Notes

Irving, TX – Nexstar Broadcasting Group, Inc. (NASDAQ: NXST) (the “Company”) announced today that its wholly-owned subsidiary, Nexstar Escrow Corporation (the “Escrow Issuer””), intends to offer, subject to market and other customary conditions, up to $900 million in aggregate principal amount of new senior notes due 2024 (the “Notes”) in a private offering. The Escrow […]

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Nexstar Broadcasting Enters Into Definitive Agreement To Divest Five Stations In Five Markets For $115 Million

Nexstar Broadcasting Group, Inc. and Media General, Inc. announced today that Nexstar has entered into a definitive agreement to sell five stations in five markets to USA Television MidAmerica Holdings, LLC for $115 million in cash following the acquisition of Media General by Nexstar.

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Nexstar Broadcasting Enters Into Definitive Agreement To Divest Two Stations In Two Markets For $270 Million

Nexstar Broadcasting Group, Inc. and Media General, Inc. announced today that Nexstar has entered into a definitive agreement to sell WBAY-TV, the ABC affiliate serving the Green Bay, Wisconsin market, and KWQC-TV, the NBC affiliate serving the Davenport -Moline-Rock Island, (Quad Cities) Iowa market , to Gray Television Group, Inc.

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Nexstar Broadcasting Group Enters Into Definitive Agreement To Acquire Media General For $4.6 Billion In Accretive Cash And Stock Transaction

Combined Company, To Be Named Nexstar Media Group, Will Be a Leading, Diversified Local Marketing and Content Platform with Strong Financial and Growth Profile Shareholders of Both Companies to Realize Immediate and Long-Term Value IRVING, Texas and Richmond, VA – Nexstar Broadcasting Group, Inc. (Nasdaq: NXST) and Media General, Inc. (NYSE: MEG) announced today that they […]

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Nexstar Broadcasting Reaches Impasse In Negotiations With Media General Following Rejection Of Nexstar’s Revised Offer Currently Valued At $16.31 Per Share

IRVING, Texas, December 9, 2015 – Nexstar Broadcasting Group, Inc. (Nasdaq: NXST) today disclosed that it has reached an impasse in its negotiations to acquire Media General, Inc. (NYSE: MEG), following the rejection by Media General’s Board of Directors of Nexstar’s revised proposal that is currently valued at $16.31 per Media General share, based on […]

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