nexstar broadcasting group-a
Transactions by NEXSTAR BROADCASTING GROUP-A (NXST) in the last 6 months
Nexstar Broadcasting Group, Inc. (NasdaqGS:NXST) acquired Yashi, Inc. for $33 million on February 2, 2015. The transaction was financed by cash generated from operations and funding generated from recent capital markets activities of Nexstar. Yashi will operate as a division of Nexstar's digital media portfolio. The transaction is expected to be accretive to Nexstar. Joseph Jaffoni of JCIR acted as PR advisor to Nexstar Broadcasting Group, Inc.
Nexstar Broadcasting Group, Inc. (NasdaqGS:NXST) entered into a definitive agreement to acquire Klas, LLC from Landmark Media Enterprises, LLC for approximately $150 million on November 21, 2014. The purchase price is subject to adjustments for working capital. Nexstar intends to finance the station acquisition with cash generated from operations and borrowings under its senior credit facilities and/or additional capital markets activities. The closing of the transaction ...
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