M&A Deal Summary

Nexstar Media Group Acquires KASW-TV

On October 23, 2014, Nexstar Media Group acquired media company KASW-TV from Meredith

Acquisition Highlights
  • This is Nexstar Media Group’s 2nd transaction in the Media sector.
  • This is Nexstar Media Group’s 3rd transaction in the United States.
  • This is Nexstar Media Group’s 1st transaction in Arizona.

M&A Deal Summary
Date 2014-10-23
Target KASW-TV
Sector Media
Buyer(s) Nexstar Media Group
Sellers(s) Meredith
Deal Type Divestiture

Target

KASW-TV

Phoenix, Arizona, United States
KASW-TV is a CW network affiliated television broadcasting station that serves and is located in Phoenix, Arizona region. KASW-TV is based in Phoenix, Arizona.

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Buyer(S) 1

Buyer

Nexstar Media Group

Irving, Texas, United States
Category Company
Founded 1996
Sector Media
Employees11,877
Revenue 4.9B USD (2023)
DESCRIPTION

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 3 of 12
Sector (Media) 2 of 7
Type (Divestiture) 1 of 4
State (Arizona) 1 of 1
Country (United States) 3 of 12
Year (2014) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-05-19 Enterprise Technology Group

Torrance, California, United States

Enterprise Technology Group is a provider of cloud-based content management, engagement and monetization solutions. Enterprise Technology Group is based in Torrance, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-02-02 Yashi

Toms River, New Jersey, United States

Yashi, Inc. is an online video demand side platform with location-focused technology.

Buy $33M

Seller(S) 1

SELLER

Meredith

Des Moines, Iowa, United States
Category Company
Founded 1902
Sector Media
Employees5,290
Revenue 2.8B USD (2020)
DESCRIPTION
Meredith's corporate headquarters in downtown Des Moines, Iowa.
Meredith's corporate headquarters in downtown Des Moines, Iowa.

Meredith is a media and marketing company spanning broadcast television, print, and digital. Meredith is a leader in creating content across media platforms in key consumer interest areas such as food, home, parenthood and health through well-known brands such as Better Homes and Gardens, Parents and Allrecipes. Meredith was formed in 1902 and is based in Des Moines, Iowa.

DEAL STATS #
Overall 1 of 10
Sector (Media) 1 of 5
Type (Divestiture) 1 of 9
State (Arizona) 1 of 1
Country (United States) 1 of 9
Year (2014) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-06-19 KTVK-TV

Phoenix, Arizona, United States

KTVK-TV, Inc.is a virtual channel 3 and it is a independent television station located in Phoenix, Arizona, United States.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-11-17 MyWedding

Castle Rock, Oregon, United States

MyWedding LLC provides couples with the complete wedding planning product suite. With free planning tools, inspiration-focused content and a search experience designed to connect couples with local, national and international wedding professionals and venues, mywedding.com empower couples to create a wedding that perfectly encompasses their unique style and budget. MyWedding was founded in 2001 and is based in Castle Rock, Oregon.

Buy -
Mergr

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