Nexstar Enters Into Definitive Agreement to Acquire BestReviews, a Leading Consumer Product Reviews Company, for $160 Million in Accretive Transaction
December 17, 2020
December 17, 2020
IRVING, Texas, Dec. 17 -- Nexstar Media Group, a television broadcasting company, issued the following news release on Dec. 16:
Nexstar Inc., a wholly-owned subsidiary of Nexstar Media Group, Inc. (Nasdaq: NXST), announced today that it entered into a definitive agreement to acquire leading consumer product recommendations company BestReviews from Tribune Publishing Company (Nasdaq: TPCO) for $160 million in a transaction that is immediately accretive to Nexstar's operating results. . . .
Nexstar Inc., a wholly-owned subsidiary of Nexstar Media Group, Inc. (Nasdaq: NXST), announced today that it entered into a definitive agreement to acquire leading consumer product recommendations company BestReviews from Tribune Publishing Company (Nasdaq: TPCO) for $160 million in a transaction that is immediately accretive to Nexstar's operating results. . . .