Media General Rejects Nexstar’s $16.31 Bid
Nexstar CEO Perry Sook says negotiations to acquire Media General are at an impasse after Media General rejected its latest offer of $16.31 …
Nexstar CEO Perry Sook says negotiations to acquire Media General are at an impasse after Media General rejected its latest offer of $16.31 …
Nexstar last week privately offered a package about $16.30 a share in cash and stock based on Tuesday’s close, The Wall Street Journal …
The station group says opposition to its proposed deal for Anchorage MNT affiliate KYES Anchorage, Alaska, by telecom provider General …
Tegna Media announced today it has completed its acquisition of three Sander Media TV stations — KGW Portland, Ore. (DMA 24); WHAS …
Heartland USA Television, headed by Robert Prather, closed on the $38 million purchase of KHSL, the CBS affiliate in Chico, Calif., from …
The station group paid $160 million for the collection of TV and radio stations in Texas and Oklahoma. "This is a group of market leaders; …
Meredith Corp. is looking to sweeten the pot to complete a $2.4 billion merger with Media General and thwart a rival offer from Nexstar …
The seller is West Virginia Media Holdings. With subchannels, the four stations have seven affiliations with Big Four networks. Nexstar says …
The company said that while Nexstar’s offer to buy the company that followed Media General’s announcement to merge with Meredith …
The FCC has approved the sale of six Texas stations in a deal that will quadruple the number of stations Raycom Media has in Texas. The $160 …
Media General’s board is leaning toward deciding that Nexstar Broadcasting’s acquisition offer is reasonably likely to be better …
The Wall Street Journal reports that activist investor Starboard Value LP on Tuesday said Media General was dragging its feet in agreeing to …
The sale of KHGI Kearney, KWNB Hayes Center, KHGI-CD North Platte, KHGI-LD O'Neill, KWNB-LD McCook, KFXL Lincoln, all Nebraska, by Pappas …
The broadcast group pays $31.25 million to add to its portfolio the Nebraska stations KFXL Lincoln, KHGI Kearney, KHGI-LD O’Neill, …
The Schurz radio stations in the deal announced in September in South Bend, Ind., will go to Mid-West Family Broadcast Group; those in …
The sale of KFWD-TV Fort Worth, Texas, from HIC Broadcasting Inc. to NRJ TV tops the latest list of TV station transactions submitted to the …
Operating on ch. 9, KFWD is a MundoMax affiliate. The seller is family-owned HIC Broadcast Inc.
The sale of KAKE Wichita, KLBY Colby, KUPK Garden City, Kan., and four LPTV stations by Gray Television to Lockwood Broadcasting Group tops …
Meredith said it believes due diligence will show the inferiority of Nexstar's unsolicited offer for Media General. Meredith said it is …
The sale of three LPTV stations in North Dakota by Landover 2 LLC to Gray Television tops the latest list of TV station transactions …
The FCC ownership regulations have shaped (warped?) today's broadcasting business in many ways and determined what kind of station deals can …
Meredith told employees in a memo this morning that both boards of directors have approved and signed a merger agreement and it remains …
Media General’s $2.4 billion agreement to acquire Meredith Corp. is dead, two sources close to the deal said. One day after news that …
The sale of KAKE Wichita, Kan., by Gray Television to Lockwood Broadcasting Group tops the latest list of TV station transactions submitted …
Another investor has lined up against Media General’s bid to buy Meredith Corp. Oppenheimer, which owns a 7% stake in Media General, …
The quarter's top deal announcement by far was the possible next giant leap in TV consolidation, Media General Inc.'s $3.10 billion …
The $14.5 million deal for the Idaho, Fox affiliate was necessitated by the Scripps-Journal merger in the spring.
To facilitate FCC approval of its purchase of Schurz Communicaitons' television and radio stations, Gray is selling stations in three …
If Media General rejects its bid, Nexstar will circumvent the board and management and take its case directly to shareholders, say the …
The sale of KXMB Bismarck, KXMA Dickinson, KXMC Minot and KXMD Williston, all North Dakota, by Reiten Television to Nexstar Broadcasting …
Sources say that Fox wants to trade its WOFL Orlando, Fla., to get WVUE in New Orleans, which is owned by Louisiana Media Co., but run by …
It’s paying $44 million for CBS affiliates KXMC, KXMB, KXMA and KXMD in Minot-Bismarck-Dickinson-Williston and will also provide …
The merger of Meredith Corp. and Media General tops the latest list of TV station transactions submitted to the FCC for its approval, …
Even with its latest purchase of Schurz, CEO Hilton Howell says "we will continue to look for acquisitions that add to what we're doing." …
The deal will expand Gray's operations to a total of 49 television markets and 28 states. "In a rapidly consolidating industry where size …
This week's blockbuster merger of Media General and Meredith came as a surprise and has spawned a lot of questions. Here are just a few. …
The sale of KCRG Cedar Rapids, Iowa, by The Gazette Co. to Gray Television tops the latest list of TV station transactions submitted to the …
Media General is paying $51.53 in cash and stock for each share of Meredith. Meredith CEO Stephen M. Lacy will head the merged company as …
The sale of WBEK-CD Augusta, Ga., by AVN Inc. to Gray Television tops the latest list of TV station transactions submitted to the FCC for …
The broadcast group is paying The Gazette Co. $100 million in cash for the ABC affiliate, its first station in Iowa.
Serestar Communications Corp. has closed on its $3 million purchase of independent KTMW Salt Lake City (DMA 34) from Alpha & Omega …
Bids for the stations, all in Nebraska, are due by 5 p.m. on Oct. 19, with the auction set for Oct. 27
The sale of WVEO-TV Aguadilla, WVOZ-TV Ponce and WTCV-TV San Juan, all Puerto Rico, by International Broadcasting Corp. tops the latest list …
Dove Broadcasting has closed on its purchase of WJFB Nashville (DMA 29) from Bryant Broadcasting for $4 million. Dove is a subsidiary of …
The Draper Holdings CBS affiliate in Maryland is buying WOLC-FM in the market.
The deal comprises six stations in Texas in Waco (KXXV), Amarillo (KFDA-KEYU), Odessa-Midland (KWAB-KWES) and Wichita Falls (KSWO), plus a …
The sale of three low-power stations in Utah by Airwaves Inc. to Serestar Communications Corp. tops the latest list of TV station …
The sale of KHSL Chico, Calif., and three repeaters by GOCOM Media to USA Television Holdings tops the latest list of TV station …
Montana PBS is about to receive a rare donation: a full-power TV station. Gray Television is giving KMTF in Helena, a CW simulcast channel, …
For the first six months of 2015, TV and radio station deals totaled just $343.8 million compared to $5.3 billion -- just 6% of the total …