Nexstar Media to sell 19 TV stations to Tegna, E.W. Scripps

Reuters

Wed, Mar 20, 2019, 7:42 AM

In this article:

(Corrects spelling of Nexstar throughout, changes media packaging slug to "NEXSTAR MEDIA-DIVESTITURE/" from "NEXTAR-DIVESTITURE/")

March 20 (Reuters) - Nexstar Media Group said on Wednesday it would sell 11 television stations to Tegna Inc and eight to E.W. Scripps Co for about $1.32 billion in cash.

Separately, Nexstar said it was in talks to divest two more stations in Indianapolis. (Reporting by Sai Sachin Ravikumar)

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Nexstar Media to sell 19 TV stations to Tegna, E.W. Scripps

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