Nexstar Says “Our Deal is Better”


Nexstar Broadcasting GroupNexstar Broadcasting says the company looks forward to exchanging information with Media General.

Nexstar is referring to Media General’s announcement that it will exchange information with Nexstar related to Nexstar’s proposal to acquire Media General, which we reported.

Specifically, Nextar’s unsolicted bid came in at $10.50 per share in cash and a fixed ratio of .0898 Nexstar shares per Media General share.

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