NXST · Categories · M&A
NXST - Mergers and acquisitions
Nexstar Media Group Inc. (NXST) mergers and acquisitions - real-time wire coverage filtered to M&A only.
Recent M&A for NXST
- Nexstar Media Inc. Announces Early Settlement Date for the Previously Announced Tender Offer and Consent Solicitation for Any and All of TEGNA Inc.'s 5.000% Senior Notes Due 2029Nexstar Media Inc. (the "Offeror"), a wholly owned subsidiary of Nexstar Media Group, Inc. (NASDAQ:NXST) ("Nexstar Media Group"), announced today that there will be an Early Settlement Date on March 25, 2026 (the "Early Settlement Date") for the TEGNA Inc.'s 5.000% Senior Notes due 2029 (the "Notes") that were tendered by the Early Tender Deadline (as defined below) as part of the previously announced offer to purchase for cash (the "Tender Offer") any and all of the Notes, and related solicitation of consents (the "Consent Solicitation"). Capitalized terms used herein, but not otherwise defined, have the meanings ascribed to such terms in the Offer to Purchase and Consent Solicitation Stat
- Mission Broadcasting and Nexstar Media Group Launch NextGen TV on WPIX-TV in New York City51st Nexstar-Owned or Partner Market to Launch ATSC 3.0, El Paso and Baton Rouge Markets Also Transition This Week More Than 58 Million Television Households Now Receive a NextGen Signal from a Nexstar-Owned or Partner Station Mission Broadcasting, Inc. ("Mission"), and Nexstar Media Group, Inc. (NASDAQ:NXST) ("Nexstar"), today announced the launch of NextGen TV on WPIX-TV in New York City, the #1 television market in the country. Mission owns WPIX-TV and Nexstar provides services to the station; the two companies worked together on today's launch. The New York launch marks the 51st Nexstar-owned or partner market to begin broadcasting with ATSC 3.0. This week, Nexstar also transitioned
- Nexstar Acquires The Hill, a Leading Independent Political Digital Media Platform, for $130 MillionThe Hill's Unbiased Political News Platform Complements Nexstar's Leading Local News Operations and National Cable News Network, NewsNation The Hill Attracts More Unique Visitors Than Any Other Comparable Political News Website 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. The acquisition marks a continuation of Nexstar's content-first strategy, focused primarily on news, design
- Nexstar Variable Interest Entity, Mission Broadcasting, Closes New $300 Million Senior Secured Term Loan B FacilityIRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group, Inc. (Nasdaq: NXST) today announced that Mission Broadcasting, Inc. (“Mission”), a variable interest entity of wholly-owned subsidiary, Nexstar Media, Inc. (formerly known as Nexstar Inc. or Nexstar Broadcasting, Inc.) (“Nexstar”), has closed on a new $300 million Term Loan B Facility. Mission’s new Term Loan B Facility has a seven-year maturity and bears interest at a rate of LIBOR plus 2.50%, with a 0.0% LIBOR floor. The Term Loan B Facility includes six-months of 101 soft call protection. Mission intends to use the net proceeds from the new Term Loan B Facility to pay down borrowings under its existing Revolving Credit Facilit