Nexstar Media Group, Inc. Acquires Tribune Media Company

Local News
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Perry Sook, Founder, Chairman, President and CEO of Nexstar Media Group Inc. announced it is acquiring  Tribune Media. A transaction valued at $6.4 billion. 

The proposed transaction will combine two of the leading local media companies with national coverage and will reach approximately 39% of U.S. television households.

The transaction is expected to close in the late third quarter of 2019. 

To read to full release, click below. 

Copyright 2021 Nexstar Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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