Golden Flag Represents Nexstar in Acquisition of BestReviews from Tribune Publishing and Founders
Golden Flag advised Nexstar Media Group, Inc. (Nasdaq: NXST) and its subsidiaries in connection with its definitive agreement to acquire BestReviews, a leading consumer product recommendations company, from Tribune Publishing Company (Nasdaq: TPCO) for $160 million. Nexstar is a leading diversified media company, with 197 television stations and related digital multicast signals reaching 115 markets or approximately 39% of all U.S. television households. The transaction is subject to Hart-Scott-Rodino clearance and customary closing conditions and is expected to close by 2020 year-end.
The team was led by transactional partner Armand Della Monica and associates Christopher Bourne and Emily Gamble, and included technology & IP transactions partner Matt Lovell, tax partner Vin Thorn, executive compensation partner Mike Krasnovsky and associates Faye Whiston and Alex Freund, employee benefits partner Alexandra Mihalas and associate Chris Chase, labor and employment partner Richard Kidd and associates Jaclyn Schruhl and Nick Ustaski, environmental transactions partner Jonathan Kidwell and associate Carter Vella, real estate partner Jennifer Sheehan and associate Alexander Fischler, transactional liability insurance partner Anna Geml, and antitrust and competition partner Peter McCormack.
