M&A Deal Summary |
|
|---|---|
| Date | 2020-12-16 |
| Target | BestReviews |
| Sector | Internet Software and Services |
| Buyer(s) | Nexstar Media Group |
| Sellers(s) | Tribune Publishing |
| Deal Type | Divestiture |
| Deal Value | 160M USD |
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| Category | Company |
|---|---|
| Founded | 1996 |
| Sector | Media |
| Employees | 11,877 |
| Revenue | 4.9B USD (2023) |
Nexstar Media Group is a media company that leverages localism to bring new services and value to consumers and advertisers through its traditional media, digital and mobile media platforms. Nexstar owns, operates, programs or provides sales and other services to 170 television stations and related digital multicast signals reaching 100 markets or approximately 39% of all U.S. television households. Nexstar Media Group was founded in 1996 and is based in Irving, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 8 of 12 |
| Sector (Internet Software and Services) | 2 of 2 |
| Type (Divestiture) | 2 of 4 |
| State (Nevada) | 1 of 1 |
| Country (United States) | 8 of 12 |
| Year (2020) | 1 of 1 |
| Size (of disclosed) | 3 of 7 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-11-05 |
Nexstar Media Group - Stations
Irving, Texas, United States Nexstar Media Group, Inc.'s Stations provides broadcasting services in Seattle, WA, and Milwaukee, WI. |
Sell | $350M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-01-11 |
Nexstar - Digital Video Ad Platform
Foothill Ranch, California, United States Nexstar's Digital Video Ad Platform is an independent video advertising infrastructure company provides enterprise digital video advertising technology infrastructure for publishers and advertisers on all screens reaching approximately 115 million US online video viewers across desktop, mobile-web, mobile-app and connected TVs. |
Sell | - |
| Category | Company |
|---|---|
| Founded | 2013 |
| Sector | Digital Media |
| Employees | 2,865 |
| Revenue | 746M USD (2020) |
Tribune Publishing is a media company rooted in award-winning journalism. Headquartered in Chicago, tronc operates newsrooms in 8 markets with titles including the Chicago Tribune, New York Daily News, The Baltimore Sun, Orlando Sentinel, South Florida's Sun-Sentinel, Daily Press, The Morning Call of Allentown, Pennsylvania, and Hartford Courant. Our legacy of brands has earned a combined 57 Pulitzer Prizes and is committed to informing, inspiring and engaging local communities. Tribune Publishing was founded in 2013 and is based in Chicago, Illinois.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Internet Software and Services) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| State (Nevada) | 1 of 1 |
| Country (United States) | 1 of 1 |
| Year (2020) | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-02-07 |
BestReviews
Sparks, Nevada, United States BestReviews is an online product review company. BestReviews simplifies the way consumers buy the products and services they need across thousands of categories from laptops to vacuum cleaners to rowing machines. All products on the BestReviews site are thoroughly and independently researched. The company buys all of its products and tests them in its own labs to help consumers find the best overall products and the best buys for the dollar. BestReviews was founded in 2014 and is based in Sparks, Nevada. |
Buy | - |
