Nexstar Broadcasting’s $20 million deal to purchase two CBS affiliates, WFRV in Green Bay and WJMN in Marquette, MI, was completed today. Joseph Denk will take over as vice president and general manager of both stations.
Nexstar announced the purchase of WFRV and WJMN in April. The deal brings the number of CBS affiliates that Nexstar owns up to 13. ““The acquisition of WFRV and WJMN brings immediate strategic and financial benefits to Nexstar as it expands and diversifies our station portfolio,” Nexstar president and CEO Perry Sook said.
“Under Joe’s leadership, our Rockford operations have performed very well,” Nexstar executive vice president Tim Busch said. “His years of experience, respect within Nexstar and his Wisconsin roots are all a perfect fit to lead our newly acquired operations in Green Bay and Marquette.”