Nexstar to acquire BestReviews from Tribune Publishing Company for $160m.

Nexstar Media Group, a publicly traded American telecommunications company, agreed to acquire BestReviews, a review website that publishes in-depth reviews of consumer products, from Tribune Publishing Company, a media company, for $160m. "The planned accretive acquisition of BestReviews diversifies our digital content portfolio while presenting the company with new and significant revenue channels by leveraging our media content, national reach and significant consumer digital usage across multiple platforms. With Nexstar owned and operated digital properties ranking number one by Comscore for local news and information in terms of unique users, we are ideally positioned to quickly scale BestReviews through increased content syndication and brand awareness," Tom Carter, Nexstar President, COO and CFO.