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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

Nexstar Broadcasting Group, Inc. (Nasdaq: NXST) and Media General, Inc. (NYSE: MEG) announced today that they have entered into a definitive merger agreement whereby Nexstar will acquire all outstanding shares of Media General for $10.55 per share in cash and 0.1249 of a share of Nexstar Class A common stock for each Media General share.

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Nexstar Broadcasting To Participate In Bank Of America Merrill Lynch 2015 Leveraged Finance Conference On December 3-4

Nexstar Broadcasting Group, Inc. (Nasdaq: NXST) Executive Vice President and Chief Financial Officer, Thomas Carter, will be participating in the Bank of America Merrill Lynch 2015 Leveraged Finance Conference on Thursday, December 3 and Friday, December 4, 2015.

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Nexstar Broadcasting to Participate in RBC Capital Markets Conference on November 10

Nexstar Broadcasting Group, Inc. (Nasdaq: NXST) President and Chief Executive Officer, Perry Sook and Executive Vice President and Chief Financial Officer, Thomas Carter, will be participating in the RBC Capital Markets’ Technology, Internet, Media and Telecommunications Conference on Tuesday, November 10, 2015.

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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.

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