About this Marketsite Event:
Nexstar Broadcasting Group, Inc. [NXST], a leading diversified local media company, celebrates 10 years of trading on the NASDAQ.
In honor of the occasion, Perry Sook, Chairman, President and Chief Executive Officer, will visits the NASDAQ MarketSite in Times Square and rings the Opening Bell.
Nexstar was founded in 1996 for the purpose of acquiring and operating network affiliated television stations in medium sized markets. The company went public in November 2003. Nexstar has grown to become one of the top 15 US Television broadcasters. In the last two years, including acquisitions awaiting regulatory approval, Nexstar has acquired 49 television stations and 2 digital media companies in 10 accretive transactions totaling $826.25 million, nearly doubling the size of its portfolio.
Nexstar Broadcasting Group is a leading diversified media company that leverages localism to bring new services and value to consumers and advertisers through its traditional media and digital and mobile media platforms. Pro-forma for the completion of all announced transactions Nexstar will own, operate, program or provides sales and other services to 102 television stations and related digital multicast signals reaching 54 markets or approximately 15.5% of all U.S. television households. Nexstar's portfolio includes affiliates of NBC, CBS, ABC, FOX, MyNetworkTV, The CW, Telemundo, MeTV, LATV, Live Well and Bounce TV. Nexstar's 43 community portal websites offer additional hyper-local content and verticals for consumers and advertisers, allowing audiences to choose where, when and how they access content while creating new revenue opportunities.
About NASDAQ OMX:
The NASDAQ OMX Group, Inc. is the world's largest exchange company. It delivers trading, exchange technology and public company services across six continents, with more than 3,600 listed companies. NASDAQ OMX offers multiple capital raising solutions to companies around the globe, including its U.S. listings market, NASDAQ OMX Nordic, NASDAQ OMX Baltic, NASDAQ OMX First North, and the U.S. 144A sector. The company offers trading across multiple asset classes including equities, derivatives, debt, commodities, structured products and exchange-traded funds. NASDAQ OMX technology supports the operations of over 70 exchanges, clearing organizations and central securities depositories in more than 50 countries. NASDAQ OMX Nordic and NASDAQ OMX Baltic are not legal entities but describe the common offering from NASDAQ OMX exchanges in Helsinki, Copenhagen, Stockholm, Iceland, Tallinn, Riga, and Vilnius. For more information about NASDAQ OMX, visit http://www.nasdaqomx.com.