IFLR1000

Nexstar Broadcasting $4.6 billion acquisition of Media General

28/9/2015
Public acquisition
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$ 4.6 billion

Completed

28/9/2015

Overview:

  • Nexstar Broadcasting has acquired Media General for $4.6 billion. 
  • Nexstar paid $10.55 in cash and .1249 of a share of Nextar Class A common stock for each Media General Share.
  • BofA Merrill Lynch acted as financial adviser to Nexstar
  • RBC Capital Markets and Goldman Sachs acted as financial advisers to Media General. 

Rani Mehta - Journalist 

 

Jurisdiction:

United States

Deal type:

Public acquisition

Practice area:

M&A

Industry sector:

Media

Firms:
Fried Frank Harris Shriver & Jacobson

Party: Media General (Seller)

Lawyer: Philip Richter

Kirkland & Ellis

Party: Nexstar Broadcasting (Acquirer)

Lawyers: Armand Della Monica, David Feirstein, Sarkis Jebejian

Weil Gotshal & Manges

Party: Media General (Seller)

Lawyer: Michael Aiello

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