NEWS

Nexstar Broadcasting to divest two stations for $270 mln

Monday, Jun 06, 2016

Nexstar Broadcasting enters into definitive agreement to divest two stations in two markets for $270 million.

Agreement to sell WBAY-TV, and KWQC-TV, to Gray Television Group Inc.

Nexstar Broadcasting enters into definitive agreement to divest two stations in two markets for $270 million. Divestiture reflects co's intention to obtain FCC and Department Of Justice approval of proposed Nexstar / Media General transaction.

 

Source : reuters.com

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