CHARLESTON, W.Va. (AP) — Nexstar Broadcasting Group Inc. says it is buying four West Virginia television stations from West Virginia Media Holdings for $130 million.
The stations being acquired are WOWK-TV of Charleston, WTRF-TV of Wheeling, WVNS-TV of Beckley and WBOY-TV in Clarksburg. The deal must be approved by the Federal Communications Commission.
Irving, Texas-based Nexstar said Tuesday the ownership transfer is expected to be completed in late 2016.
Nexstar owns, operates, programs or provides services to more than 106 television stations in 57 markets.
Nexstar also owns WHAG-TV of Hagerstown, Maryland. West Virginia Media Holdings CEO Bray Cary says WHAG-TV’s coverage of West Virginia’s Eastern Panhandle will be added to the other stations’ coverage.
The State Journal (http://bit.ly/1SWJrPQ), owned by West Virginia Media Holdings, reports that it is not involved in the purchase.
Nexstar owns several stations in Texas, including in El Paso, Waco, Longview, Wichita Falls and Amarillo.