Nexstar selling three to Marshall Broadcasting Group

By on Jun, 6 2014 with Comments 0

Nexstar Broadcasting GroupNexstar Broadcasting Group announced agreements with Marshall Broadcasting Group for the sale of three network affiliated stations in three markets for $58.5 million. MBG intends to fund the station acquisitions via credit which Nexstar has agreed to guarantee.

Under the terms, MBG will acquire

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About The Author: Carl has been with RBR-TVBR since 1997 and is currently Managing Director/Senior Editor. Residing in Northern Virginia, he covers the business of broadcasting, advertising, programming, new media and engineering. He’s also done a great deal of interviews for the company and handles our ever-growing stable of bylined columnists.

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