Nexstar Media Group to Acquire Leading Digital Video Advertising Infrastructure Platform, LKQD Technologies, for $90 Million in Accretive Transaction
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IRVING, Texas – Nexstar Media Group, Inc. (Nasdaq: NXST) (“Nexstar” or the “Company”) announced that it entered into a definitive agreement to acquire LKQD Technologies (“LKQD”), a leading independent video advertising infrastructure company, for approximately $90 million cash, subject to working capital and other adjustments including a minimum cash balance of $10 million, and a contingent earn […]
“IRVING, Texas – Nexstar Media Group, Inc. (Nasdaq: NXST) (“Nexstar” or the “Company”) announced that it entered into a definitive agreement to acquire LKQD Technologies (“LKQD”), a leading independent video advertising infrastructure company, for approximately $90 million cash, subject to working capital and other adjustments including a minimum cash balance of $10 million, and a contingent earn [”Source
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