Nexstar Media Group to Acquire The CW Network
August 15, 2022
August 15, 2022
IRVING, Texas, Aug. 15 -- Nexstar Media Group, a television broadcasting company, issued the following news release on Aug. 15, 2022:
Nexstar Media Group, Inc. (Nasdaq: NXST) ("Nexstar") (the "Company") announced today that it entered into a definitive agreement to acquire a 75 percent ownership interest in The CW Network, LLC ("The CW" or the "Network"). Warner Bros. Discovery (Nasdaq: WBD) and Paramount Global (Nasdaq: PARA, PARAA), the curr . . .
Nexstar Media Group, Inc. (Nasdaq: NXST) ("Nexstar") (the "Company") announced today that it entered into a definitive agreement to acquire a 75 percent ownership interest in The CW Network, LLC ("The CW" or the "Network"). Warner Bros. Discovery (Nasdaq: WBD) and Paramount Global (Nasdaq: PARA, PARAA), the curr . . .