Nexstar Prices 8M Share Secondary Offering at $9.25/Share

Nexstar Broadcasting Group NXST (the “Company”) announced Thursday the pricing of the previously announced sale by selling stockholders, funds affiliated with ABRY Partners, LLC, of 8.0 million shares of the Company's Class A common stock at $9.25 per share. The offering consists entirely of secondary shares to be sold by the selling stockholders. The Company will not sell any shares in the offering and will not receive any proceeds from the offering. 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. Credit Suisse Securities (USA) LLC, Wells Fargo Securities, LLC and See full press release