Nexstar Broadcasting Enters into Definitive Agreements with Marshall Broadcasting Group for Sale of Three Full-Powered _

Sunday, June 8, 2014
LOS ANGELES & IRVING, Texas--(BUSINESS WIRE)--Nexstar Broadcasting Group, Inc. (Nasdaq: NXST) (โ€œNexstarโ€) announced today that it entered into definitive agreements with Marshall Broadcasting Group, Inc. (โ€œMBGโ€) for the sale of three network affiliated stations (โ€œthe stationsโ€) in three markets for $58.5 million. MBG intends to fund the station acquisitions through borrowings which Nexstar has ...

 

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