The following excerpt was sent out from nexttv.com:
Nexstar Media Group said it agreed to acquire the assets of KUSI San Diego from McKinnon Broadcasting Co. and Channel 51 of San Diego for $35 million.
KUSI is an independent station now, but Nexstar plans to make it an affiliate of The CW when that affiliation becomes available. Tegna’s KFMB, a CBS affiliate, currently carries The CW programming on a digital subchannel.
Nexstar already owns KWSB, the Fox affiliate in San Diego, the 30th-largest U.S. TV market.
“KUSI-TV’s established local news operations serving viewers and advertisers across the San Diego community is a perfect fit with our station group and existing San Diego operations at KSWB-TV,” said Tom Carter, Nexstar’s president and chief operating officer.
Nexstar said it expected the transaction to close later this year and that the deal will be accretive once the station becomes a The CW affiliate.
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