Nexstar Broadcasting Group Declares Quarterly Cash Dividend Of $0.24 Per Share
Nexstar Broadcasting Group, Inc. announced today that its Board of Directors declared a quarterly cash dividend of $0.24 per share of its Class A common stock.
Nexstar Broadcasting Announces Pricing of $900 Million Offering of Senior Notes
Irving, TX – Nexstar Broadcasting Group, Inc. (NASDAQ: NXST) (the “Company”) announced today that its wholly-owned subsidiary, Nexstar Escrow Corporation (the “Escrow Issuer””), has priced an offering of $900 million in aggregate principal amount of 5.625% new senior notes due 2024 (the “Notes”). The sale of the notes is expected to be completed on or […]
Nexstar Broadcasting Announces $900 Million Offering of Senior Notes
Irving, TX – Nexstar Broadcasting Group, Inc. (NASDAQ: NXST) (the “Company”) announced today that its wholly-owned subsidiary, Nexstar Escrow Corporation (the “Escrow Issuer””), intends to offer, subject to market and other customary conditions, up to $900 million in aggregate principal amount of new senior notes due 2024 (the “Notes”) in a private offering. The Escrow […]
Nexstar Broadcasting Statement On Cox Communications’ Action To Drop Network And Local Community Programming In Nine Markets
13 Stations Affected as Cox Has Yet to Reach Distribution Agreement with Nexstar Broadcasting IRVING, Texas – Effective 11:59 p.m. local time on January 29, cable TV provider Cox Communications (“Cox”) dropped the network and local community programming for 13 stations impacting viewers in nine markets. The action follows Cox’s refusal to reach a new […]
Cox Communications Business Practices Put Subscribers In Nine Markets At Risk Of Losing Network And Local Community Programming On January 29
Broadcast Stations/Groups Generate Approximately 35% of Household Viewing, Yet Receive on average About 12% of Total Distribution Revenue from Cable, Satellite and Telecom Providers such as Cox Cox Willing to Hold its Subscribers Hostage Rather than Reach an Agreement with Nexstar and Other Broadcasters at Fair Market Rates Nexstar Broadcasting Strongly Disputes Mischaracterizations Made by […]
Nexstar Broadcasting Group Enters Into Definitive Agreement To Acquire Media General For $4.6 Billion In Accretive Cash And Stock Transaction
Combined Company, To Be Named Nexstar Media Group, Will Be a Leading, Diversified Local Marketing and Content Platform with Strong Financial and Growth Profile Shareholders of Both Companies to Realize Immediate and Long-Term Value IRVING, Texas and Richmond, VA – Nexstar Broadcasting Group, Inc. (Nasdaq: NXST) and Media General, Inc. (NYSE: MEG) announced today that they […]
Cox Communications Subscribers In Nine Markets May Lose Network And Local Community Programming On January 29
13 Stations Potentially Affected as Cox Has Yet to Reach Distribution Agreement with Nexstar Broadcasting IRVING, Texas – Nexstar Broadcasting Group, Inc. (Nasdaq: NXST) (“Nexstar”) announced today that Cox Communications (“Cox”) subscribers in nine markets are at risk of losing network and local community programming at 11:59 p.m. local time on January 29, 2016 as […]
Nexstar Broadcasting Increases Quarterly Cash Dividend By 26.3 Percent
Nexstar Broadcasting Group, Inc. announced today that its Board of Directors approved a 26.3 percent increase in the quarterly cash dividend to $0.24 per share of its Class A common stock.
Nexstar Broadcasting To Report 2015 Fourth Quarter Financial Results, Host Conference Call And Webcast On February 25
Nexstar Broadcasting Group, Inc. announced today that it will report its 2015 fourth quarter financial results before the market opens on Thursday, February 25, 2016.
Nexstar Reiterates Commitment To Complete Media General Acquisition
Nexstar Broadcasting Group, Inc. today reiterated its commitment to acquire Media General, Inc.