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Exclusive: Nexstar clinches $4.1 billion deal to acquire Tribune Media

December 2, 2018 4:23 PM
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(Reuters) - Nexstar Media Group Inc has reached an agreement to acquire to Tribune Media Co for about $4.1 billion, a deal which would make it the largest regional U.S. TV station operator, people familiar with the matter said on Sunday.

Nexstar’s acquisition would come just three months after Tribune’s $3.9 billion deal to sell itself to Sinclair Broadcast Group Inc, currently the largest U.S. TV station operator, collapsed over regulatory hurdles.

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