Nexstar Media Group To Expand Leading Local News Presence in San Diego With Acquisition of KUSI-TV for $35 Million
May 09, 2023
May 09, 2023
IRVING, Texas, May 9 -- Nexstar Media Group, a television broadcasting company, issued the following news release on May 8, 2023:
Nexstar Media Group, Inc. (Nasdaq: NXST), today announced that it agreed to acquire the assets of KUSI-TV in San Diego from McKinnon Broadcasting Company and Channel 51 of San Diego for $35 million plus a customary working capital adjustment. KUSI-TV is an independent television station, broadcasting more than nine hours of local news each weekday and nea . . .
Nexstar Media Group, Inc. (Nasdaq: NXST), today announced that it agreed to acquire the assets of KUSI-TV in San Diego from McKinnon Broadcasting Company and Channel 51 of San Diego for $35 million plus a customary working capital adjustment. KUSI-TV is an independent television station, broadcasting more than nine hours of local news each weekday and nea . . .