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Nexstar Acquires The Hill, a Leading Independent Political Digital Media Platform, for $130 Million

Nexstar Acquires The Hill, a Leading Independent Political Digital Media Platform, for $130 Million

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IRVING, Texas–(BUSINESS WIRE)–Nexstar Media Inc., a wholly-owned subsidiary of Nexstar Media Group, Inc. (Nasdaq: NXST), announced today that it acquired The Hill for $130 million (plus working capital adjustments), in a transaction that is expected to be immediately accretive to Nexstar’s operating results. The Hill is the nation’s leading, independent, political digital media platform. The acquisition marks a continuation of Nexstar’s content-first strategy, focused primarily on news, desig

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