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Prospect News home > News index > List of issuers Paydowns > Headlines for Altisource Portfolio Solutions SA > News item
Published on 10/23/2014 in the Prospect News Bank Loan Daily.

Nexstar Broadcasting to finance acquisitions with credit facility funds

By Tali Rackner

Norfolk, Va., Oct. 23 – Nexstar Broadcasting Group, Inc. said it will use borrowings under its senior credit facilities to finance its acquisition the assets of KASW-TV, the CW affiliate serving the Phoenix market, working capital from Meredith Corp. and SagamoreHill of Phoenix, LLC, according to press release.

Nexstar Broadcasting Group is an Irving, Texas-based diversified media company.


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