Nexstar acquires KUSI San Diego for $35M
Nexstar Media Group is set to acquire KUSI San Diego from McKinnon Broadcasting for $35m, adding the independent television station to its portfolio, which already includes the market's Fox affiliate, KWSB. The acquisition will strengthen Nexstar's local television broadcasting, news, and digital media platforms in San Diego, while presenting numerous opportunities for operating efficiencies. The transaction is expected to close later this year and is expected to be accretive to Nexstar's operating results when The CW Network affiliation becomes available in the market.