Nexstar Broadcasting Group to Acquire Seven Television Stations in Four Markets for $87.5M in Accretive Transaction

Nexstar Broadcasting Group, Inc. (Nasdaq: NXST ) (“Nexstar”) announced today that it entered into a definitive agreement to acquire the stock of Grant Company, Inc. (“Grant”), the owner of seven television stations in four markets for $87.5 million in a transaction that is expected to be immediately accretive upon