New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
June 27, 2014
08:16 EDTNXSTNexstar price target raised to $55 from $48 at Wedbush
Wedbush raised its price target for Nexstar Broadcasting to $55 citing the Aereo court victory. The firm also believes Nexstar is benefitting from legal rulings driving a higher mix of political ad spending from non-candidate sources. It keeps an Outperform rating on the stock.
News For NXST From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
February 5, 2016
07:59 EDTNXSTDistribution deal with Cox a clear positive for Nexstar, says Stephens
Subscribe for More Information
February 4, 2016
17:10 EDTNXSTNexstar and Cox Communications reach distribution agreement for 13 stations
Nexstar reached a new distribution agreement with Cox Communications allowing the cable television provider the right to resume carrying Nexstar's network and local community programming. The agreement covers Nexstar's broadcast platform inclusive of 13 network affiliated and local stations in nine markets. Programming on all stations will resume as soon as possible. Specific terms of the agreement are not being disclosed.
January 31, 2016
14:54 EDTNXSTNexstar 'remains eager' to reach agreement after Cox drops programming
Subscribe for More Information
January 28, 2016
17:20 EDTNXSTNexstar comments on Cox making 'mischaracterizations'
Subscribe for More Information
10:35 EDTNXSTCox Communications: Nextar, Media General merger 'not in the public interest'
Subscribe for More Information
January 27, 2016
09:43 EDTNXSTNexstar & Media General to host joint conference call
Subscribe for More Information
08:48 EDTNXSTMeredith and Media General agree to terminate merger agreement
Meredith Corporation (MDP) and Media General (MEG) said they have agreed to terminate immediately the binding merger agreement they entered into on September 8, 2015. In exchange for terminating the merger agreement, Meredith will receive: $60M in cash payable immediately, and an opportunity to negotiate for the purchase of certain broadcast and digital assets currently owned by Media General. There is no assurance that Media General and Meredith will reach agreement with respect to a purchase of any broadcast and digital assets, any such transaction being subject to approval of Nexstar Broadcasting (NXST) under Media General's merger agreement with Nexstar. Meredith Chairman and CEO Stephen Lacy commented, "While we still believe in the strategic and financial benefits a merger with Media General would have created, we are pleased with the financial benefits of the termination agreement and the shareholder value created." Media General CEO Vincent Saduskey said, "We are pleased to have this matter behind us and look forward to working towards completion of our transaction with Nexstar, which we believe is in the best interest of Media General and delivers superior value to our shareholders."
08:48 EDTNXSTNexstar enters into definitive agreement to acquire Media General for $4.6B
Subscribe for More Information
08:46 EDTNXSTNexstar to acquire Media General for $4.6B
January 26, 2016
11:50 EDTNXSTMeredith near deal to end Media General pact, allow Nexstar deal, Bloomberg says
Subscribe for More Information
11:22 EDTNXSTMeredith close to allowing Media General, Nexstar deal, Bloomberg reports
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.
I agree to the theflyonthewall.com disclaimer & terms of use