Nexstar Acquires BestReviews from Tribune Publishing

December 16, 2020

Nexstar Inc., a subsidiary of Nexstar Media Group, agreed to acquire BestReviews LLC from Tribune Publishing Company and BR Holding Company, Inc. for $160 million in cash. Tribune owned 60% and the founders (BR Holding) owned 40%; the deal strengthens Nexstar's digital content and commerce capabilities and is expected to close following customary approvals.

Buyers
Nexstar Inc. (Nexstar Media Group, Inc.)
Targets
BestReviews LLC
Sellers
Tribune Publishing Company, BR Holding Company, Inc.
Location
Nevada, United States
Transaction Type
Divestiture

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