Nexstar, owner of WFXR, to buy Tribune Media for $4.1 billion in TV megadeal
December 3, 2018
Nexstar is acquiring Tribune with an all-cash offer that values the Chicago-based company at $46.50 a share, the two said in a statement Monday. Including the assumption of debt, the price amounts to $6.4 billion.
Nexstar purchased WFXR, the FOX affiliate station for Roanoke and Lynchburg, in December 2014, according to the company's website.
Read more at: https://www.roanoke.com/news/nation/nexstar-owner-of-wfxr-to-buy-tribune-media-for-billion/article_8807b187-9d01-5b1d-940a-f17ec5de27cb.html
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