Nexstar’s Option? Adding Assets In Texarkana

On January 1, 2015, Nexstar Media Group agreed to an amended “put and call option agreement” with White Knight Holdings. 

On July 6, 2021, Nexstar exercised its option, putting the wheels in motion on its acquisition of a MyNetwork TV-affiliated UHF serving northwest Louisiana, and the MyNetwork affiliate serving Tyler-Longview, Tex.

Nexstar President/COO and CFO Tom Carter, via electronic mail, formally notified White Knight’s Anthony Malara III that it is moving forward with...