Company News

Nexstar Broadcasting Proposes To Acquire Media General For $14.50 Per Share In Accretive Cash And Stock Transaction Valued At $4.1 Billion

Proposal Provides 30% Premium to Media General Shareholders

Combining Nexstar and Media General Would Create Leading Pure-Play Broadcaster with Enhanced Scale and Substantial Free Cash Flow

Combin

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Nexstar Broadcasting Proposes To Acquire Media General For $14.50 Per Share In Accretive Cash And Stock Transaction Valued At $4.1 Billion

Nexstar Broadcasting Group, Inc. (Nasdaq: NXST) announced today a proposal to acquire Media General, Inc. (NYSE: MEG) for $10.50 per share in cash and a fixed ratio of 0.0898 Nexstar shares per Media General share.

Click to access "Nexstar Broadcasting Proposes To Acquire Media General For $14.50 Per Share In Accretive Cash And Stock Transaction Valued At $4.1 Billion"

Nexstar Broadcasting to Bring Louisiana Voters Live Coverage of Gubernatorial Debate on October 7, Debate to Play Important Role in Election on October 24, 2015

Local Nexstar, Mission and Knight Stations Team-up with New Orleans CW affiliate and Lake Charles FOX affiliate to deliver Debate Coverage to Louisiana Voters via Live Television Broadcast and Streami

Click to access "Nexstar Broadcasting to Bring Louisiana Voters Live Coverage of Gubernatorial Debate on October 7, Debate to Play Important Role in Election on October 24, 2015"

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