Nexstar and Mission Broadcasting agreed to buy 19 TV...
Nexstar and Mission Broadcasting agreed to buy 19 TV stations for $270 million, acquiring the privately held companies that own them. Nexstar said in a news release Wednesday it and Mission are buying Communications Corp. of America and White Knight…
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Broadcasting, with stations in 10 markets. The two acquirers have bought other stations together in the past, and both have opposed a draft FCC Media Bureau order that would attribute some types of joint sales agreements among separately owned outlets within a market (CD Jan 18 p1). Nexstar said it’s buying 11 CCA stations “and will enter into services agreements with certain identified parties, including Mission, who are acquiring 8 of the stations."