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Nexstar Broadcasting Group Inc Announces Closing Of Secondary Offering of Common Stock By Selling Stockholders


Wednesday, 5 Dec 2012 03:08pm EST 

Nexstar Broadcasting Group Inc announced that the closing of the previously announced underwritten offering of 8.0 million shares of Class A common stock of the Company by the selling stockholders, funds affiliated with ABRY Partners, LLC. The Company did not sell any shares in the offering and did not receive any proceeds from the offering. The selling stockholders have granted the underwriters a 30-day option to purchase up to an additional 1.2 million shares of Class A common stock on the same terms and conditions. Credit Suisse Securities (USA) LLC, Wells Fargo Securities, LLC and UBS Securities LLC were the joint book-running managers of the offering. RBC Capital Markets, LLC and Evercore Group L.L.C. acted as co-managers of the offering. 

Company Quote

41.9
-0.63 -1.48%
4:00pm EDT