|Day's Range||0.2700 - 0.2700|
Nexstar Media Group, Inc. (NXST) (“Nexstar” or the “Company”) announced today that its indirect wholly-owned subsidiary, Nexstar Escrow, Inc. (the “Escrow Issuer”), has priced an offering of $1,120 million in aggregate principal amount of 5.625% new senior notes due 2027 (the “Notes”). Prior to the release of the proceeds from escrow, the Escrow Issuer will merge with and into Nexstar Broadcasting, Inc. (“Nexstar Broadcasting”), a wholly-owned subsidiary of the Company. Upon the release of the proceeds from escrow, Nexstar Broadcasting will assume the obligations under the Notes and the Notes will be guaranteed by the Company, Mission Broadcasting, Inc. (“Mission”) and certain of Nexstar Broadcasting and Mission future restricted subsidiaries on a senior unsecured basis.
Cosmo DeNicola has founded and grown several national companies to market-leading positions. Mr. DeNicola founded the Cosmo DeNicola Companies, a portfolio company that holds a diverse range of businesses in the healthcare, technology, publishing, professional sports, and entertainment industries.
In 1996 Perry Sook was appointed CEO of Nexstar Media Group, Inc. (NASDAQ:NXST). This report will, first, examine the...
Nexstar Media Group, Inc. (NXST) (“Nexstar” or the “Company”) announced today that its indirect wholly-owned subsidiary, Nexstar Escrow, Inc. (the “Escrow Issuer”), intends to offer, subject to market and other customary conditions, up to $1,120 million in aggregate principal amount of new senior notes due 2027 (the “Notes”) in a private offering. The Escrow Issuer, which was created solely to issue the Notes, will deposit the gross proceeds of the offering into a segregated escrow account until the date that certain escrow release conditions are satisfied. Prior to the release of the proceeds from escrow, the Escrow Issuer will merge with and into Nexstar Broadcasting, Inc. (“Nexstar Broadcasting”), a wholly-owned subsidiary of the Company.
TEGNA (TGNA) set to acquire WTHR and WBNS TV stations from the Dispatch Broadcast Group, which will expand its total household reach across the United States.
Nexstar Media Group Inc NASDAQ/NGS:NXSTView full report here! Summary * Bearish sentiment is low and declining * Economic output in this company's sector is contracting Bearish sentimentShort interest | PositiveShort interest is low for NXST with fewer than 5% of shares on loan. Additionally, this was an improvement in sentiment as investors who seek to profit from falling equity prices reduced their short positions on May 13. Money flowETF/Index ownership | NeutralETF activity is neutral. ETFs that hold NXST had net inflows of $1.00 billion over the last one-month. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managersâ€™ Index (PMI) data, output in the Consumer Servicesis falling. The rate of decline is significant relative to the trend shown over the past year, and is accelerating. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to email@example.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
IRVING, Texas, June 06, 2019 -- Today Nexstar Digital, a wholly-owned subsidiary of Nexstar Media Group, Inc. , is pleased to announce the official launch of its.
If you're interested in Nexstar Media Group, Inc. (NASDAQ:NXST), then you might want to consider its beta (a measure...
Channel 9's morning news product is cut from a different template than most, and it's yielding great results.
FrontFour Capital Group is a Greenwich, Connecticut-based hedge fund that was founded by David A. Lorber and Zachary Ryan George J.D. in 2006. The fund is currently run by its two founders and Stephen Loukas. Before co-founding FrontFour Capital Group, David A. Lorber was a Senior Investment Analyst at Pirate Capital and Equity Analyst at […]
FrontFour Capital Group was launched back in 2006 as an employee owned hedge fund sponsor. It mainly provides its services to pooled investment vehicles and utilizes an event-driven and opportunistic strategy. The fund's headquarters are in Greenwich, Connecticut and currently is run by David Lorber, Stephen Loukas, and Zachary George. Mr. David A.Lorber, one of […]
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TEGNA's (TGNA) first-quarter 2019 results benefit from increase in subscription revenues, partially offset by lack of political, Olympic and Super Bowl revenues.
Local-TV giant Sinclair Broadcast earnings missed after shares leapt on its Disney deal. Gray Television earnings beat views while Nexstar Media missed.
Nexstar (NXST) delivered earnings and revenue surprises of 0.85% and -2.63%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock?
In a recently published Midwood Capital Management's Q1 2019 Investor Letter, the fund disclosed a return of 10.6% for the quarter. If you are interested you can download a copy of the letter here. Aside from reporting about its quarterly performance, Midwood Capital Management also shared its latest thought on several companies in its equity […]
On a per-share basis, the Irving, Texas-based company said it had net income of $1.15. Earnings, adjusted to extinguish debt, came to $1.18 per share. The television broadcaster posted revenue of $626.6 ...
According to the GuruFocus All-in-One Screener, the following companies look cheap since they are trading with low price-sales ratios. Shares of Patrick Industries Inc. (PATK) are trading around $48.59 with a price-sales ratio of 0.52 and a price-earnings ratio of 9.86. Warning! GuruFocus has detected 2 Warning Sign with PATK.