Thursday, July 14, 2011

Nexstar Broadcasting Buys Internet Firm

Irving, Texas-based Nexstar Broadcasting Group said today that it has acquired GoLocal.Biz, a provider of local business director, coupon, movie, and entertainment listings to the firm's websites and other clients. Financial terms of the deal were not disclosed. GoLocal.biz was based in St. George Utah. Nexstar said the acquisition will be immediately accretive to its operating results.