Nexstar Acquires The Hill, a Leading Independent Political Digital Media Platform, for $130 Million
August 21, 2021
August 21, 2021
IRVING, Texas, Aug. 21 -- Nexstar Media Group, a television broadcasting company, issued the following news release:
Nexstar Media Inc., a wholly-owned subsidiary of Nexstar Media Group, Inc. (Nasdaq: NXST), announced today that it acquired The Hill for $130 million (plus working capital adjustments), in a transaction that is expected to be immediately accretive to Nexstar's operating results. The Hill is the nation's leading, independent, political digital media platform. . . .
Nexstar Media Inc., a wholly-owned subsidiary of Nexstar Media Group, Inc. (Nasdaq: NXST), announced today that it acquired The Hill for $130 million (plus working capital adjustments), in a transaction that is expected to be immediately accretive to Nexstar's operating results. The Hill is the nation's leading, independent, political digital media platform. . . .