(NextTV) Nexstar Adviser: Station Group Could Buy ABC O&Os With ‘Little Friction’ If Disney Decides To Sell Them

“The most aggressive broadcaster in regards to M&A, Nexstar Media Group, has stuck its name in the hat for the eight ABC owned-and-operated stations, should The Walt Disney Co. make good on hints made over the summer and put them up for sale.

“Tom Carter, a longtime Nexstar executive now serving as a senior adviser to CEO Perry Sook, said Wednesday that the stations could be purchased by Nexstar with “little friction.” He said this while speaking in New York at the BofA Securities Media, Communications and Entertainment Conference, an event covered by the Penske showbiz trades.”

Click here to continue reading via NextTV.

© 1998-2024, Nexstar Media Group, Inc. | All rights reserved