Disney engages in discussions with Nexstar regarding potential ABC sale

[{"selector":"#anim-2a49aa4e-efa7-45ca-8175-5b43d1080dba [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(0%, 0, 0) translate(25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] [{"selector":"#anim-381f6574-c8b6-47c5-9cf3-25e651fa9dbe","keyframes":{"transform":["translate3d(-114.375%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f18f45bd-df22-46e0-ba51-dc5666e30e92","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-1d5cf6d2-7908-4c11-937d-b289ce700b5e","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] Disney is in talks to sell the ABC TV network to Nexstar Media Group, according to sources. Disney is in talks to sell the ABC TV network to Nexstar Media Group, according to sources.

[{"selector":"#anim-07ee8ea5-cd61-481a-b92e-c12b38bb6400 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(0%, 0, 0) translate(25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] [{"selector":"#anim-71adc97b-77b6-4626-a9c5-608f4040aa7c","keyframes":{"transform":["translate3d(113.75000%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-4de22d42-a078-48d8-883a-a4805a52a9c3","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-e2c52fbd-f43d-44d2-99d6-675a5770c8f3","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] – TV network ABC to Nexstar Media Group Inc, a regional TV station operator, according to individuals with knowledge of the matter told Reuters. – TV network ABC to Nexstar Media Group Inc, a regional TV station operator, according to individuals with knowledge of the matter told Reuters.

[{"selector":"#anim-f4d67f6a-44e2-4142-837c-b1b3fccb3876 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(0%, 0, 0) translate(25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] [{"selector":"#anim-70f135a1-a673-4f52-8cb1-0a9f8de392b4","keyframes":{"transform":["translate3d(-115.00001%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-04f80c34-4aea-4409-bad5-64403fc4ada0","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d301993d-bd52-4235-ad62-00ce04655be2","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] Disney's stock experienced a 1.2% increase in its closing price, whereas Nexstar's stock surged by 5.7%. Disney's stock experienced a 1.2% increase in its closing price, whereas Nexstar's stock surged by 5.7%.

[{"selector":"#anim-f6d9b1b5-6944-40f7-b6dc-61bc8aef122c [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(0%, 0, 0) translate(25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] [{"selector":"#anim-8dc12962-195f-4637-a8d2-17fb86dcd870","keyframes":{"transform":["translate3d(113.75000%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-29bdfd2e-3881-4f79-aa45-60d1709fbe4b","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-6c452ab1-2d5c-4df4-b7f0-a4c85bb0f6d9","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] – As reported by Reuters citing sources, Nexstar's interest is preliminary and may not lead to any deal. – As reported by Reuters citing sources, Nexstar's interest is preliminary and may not lead to any deal.

[{"selector":"#anim-991be338-3e72-4783-8077-67bc3df960b6 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(0%, 0, 0) translate(25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] [{"selector":"#anim-bbff33bf-7951-4d32-822b-1329384f7368","keyframes":{"transform":["translate3d(-113.75%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-de7ec757-f764-44a5-a9df-0ea7b280b049","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-3844570c-66fa-4c9c-8860-06cfba8d9d91","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] – Disney's ABC encompasses a national television network along with eight regional stations. – Disney's ABC encompasses a national television network along with eight regional stations.

[{"selector":"#anim-57b77919-3bf1-4cda-b11c-0b492baa956f [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(0%, 0, 0) translate(25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] [{"selector":"#anim-93fb7a42-673b-4176-8f8c-edbd30636e52","keyframes":{"transform":["translate3d(113.43751%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-33459a26-0a09-4e89-a270-07c0a5ff6802","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-502bc48c-d3b1-49bf-b598-a6d6bb8d3b51","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] – Additionally, Nexstar owns national TV networks like CW and NewsNation, and the company is currently valued at $5. – Additionally, Nexstar owns national TV networks like CW and NewsNation, and the company is currently valued at $5.

Disney engages in discussions with Nexstar regarding potential ABC sale

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