Nexstar Media Group Completes Tribune Media Acquisition Creating the Nation's Largest Local Television Broadcaster
September 19, 2019
September 19, 2019
IRVING, Texas, Sept. 19 -- Nexstar Media Group, a television broadcasting company, issued the following news release:
Nexstar Media Group, Inc. (Nasdaq: NXST) ("Nexstar") announced today that it completed its previously announced acquisition of Tribune Media Company (NYSE: TRCO) ("Tribune Media") in an accretive transaction valued at approximately $7.2 billion including the assumption of Tribune Media's outstanding debt (the "Tribune Transaction"). Purs . . .
Nexstar Media Group, Inc. (Nasdaq: NXST) ("Nexstar") announced today that it completed its previously announced acquisition of Tribune Media Company (NYSE: TRCO) ("Tribune Media") in an accretive transaction valued at approximately $7.2 billion including the assumption of Tribune Media's outstanding debt (the "Tribune Transaction"). Purs . . .