Nexstar To Buy Four Stations From WVMH, Extending Digital Footprint
Nexstar agreed to buy four West Virginia TV stations from West Virginia Media Holdings for $130 million, Nexstar said in a news release. The deal “broadens Nexstar’s local television broadcasting and digital media platform with stations that are geographically complementary…
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to the Company’s operating base while presenting significant financial and operating synergies,” Nexstar said Tuesday of the deal it expects to complete late next year. The West Virginia stations in the deal include WBOY-TV Clarksburg, WOWK-TV Huntington, WTRF-TV Wheeling, WVNS-TV Lewisburg.