Nexstar Announces Secondary Offering of Common Stock

Nexstar Broadcasting Group selling stockholders, funds affiliated with ABRY Partners intend to offer for sale in an underwritten offering 8.0 million shares of Class A common stock of the company. In addition, the selling stockholders have granted the underwriters a 30-day option to purchase up to an additional 1.2 million shares of Class A common stock on the same terms and conditions.

28 November 2012•4 mins read
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