Subscribe Today

Get our free articles delivered directly to your email!

Continue reading

According to Reuters, Nexstar Media Group (NXST) approached by Apollo Global Management (APO)

  • July 12, 2018


StockNexstar Media Group, Inc.SymbolNXST
Date Announced07/11/2018Source Reuters
TypeNews Report

Buyout firm Apollo Global Management LLC (APO) has approached Nexstar Media Group Inc (NXST), an operator of television stations that reach nearly 40 percent of U.S. households, to express interest in acquiring it, according to people familiar with the matter.

Disclaimer: Our intent with this section of the website is to present potential deals that appear to be in the pipeline. These potential deals are ones where i) the company has indicated that it is "seeking strategic alternatives", ii) there has been an unsolicited bid for a company as mentioned in a press release by the company or iii) news about the deal has been published by a leading news organization like The Wall Street Journal, The New York Times, Bloomberg, Financial Times, The Washington Post, Reuters and The Associated Press. As best as possible we will try to avoid baseless rumors. There is a high probability that many of these potential deals may not materialize and if they do, the terms of the deal may be different from what was initially reported. Please do your own due diligence before buying or selling any securities mentioned on this website. We do not warrant the completeness or accuracy of the content or data provided.