About This Deal

Nexstar Media Group acquired BestReviews for $160 million, a transaction announced in December 2020, structured as Acquisition (from Tribune Publishing).

BestReviews operates in Digital, is based in United States. Nexstar agreed to acquire BestReviews, a leading consumer product recommendations company (about 9 million monthly visitors), from Tribune Publishing Company. BestReviews independently researches, tests and recommends products and monetizes through retail revenue-share.

Diversifies Nexstar's digital content portfolio with commerce-driven product-review revenue.

Deal Terms

Acquirer
Nexstar Media Group
Target
BestReviews
Value
$160 million
Date
December 2020
Type
Acquisition
Status
Official-source — no SEC filing

Transaction Details

Target HQ
United States
Segment
Digital
Structure
Acquisition (from Tribune Publishing)
Announced
December 16, 2020

Advisors

Advisory firms were not disclosed for this transaction.

Related Deals & Entities

Sources: Press release ↗

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