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Nexstar Celebrates 10 Years: CEO Rings Opening Bell

NEW YORK - It was a big day for our parent company -The Nexstar Broadcasting Group. Perry Sook the Chairman, President and C.E.O. rang the opening bell at the Nasdaq Marketsite on Times Square in New York City.
"I think when we think about Nexstar, we think of a company that our successes and today's milestones and stepping stones would not be possible without the hard work of over 3000 employees and while Nexstar is the company name we are really a collection of local businesses serving local communities in 20 states all around the United States." - Perry Sook, CEO, Nexstar Broadcasting Group
NEW YORK - It was a big day for our parent company -The Nexstar Broadcasting Group. Perry Sook the Chairman, President and C.E.O. rang the opening bell at the Nasdaq Marketsite on Times Square in New York City. Ten years ago this week Nexstar Broadcasting went public on Nasdaq.

Nexstar Broadcasting Group Chairman, President and C.E.O Perry Sook rang the opening bell at Nasdaq Market site in New York Tuesday, marking 10 years as a publicly traded company.

"Since we started the company in Wilkes-Barre-Scranton in 1996 with one TV station it's amazing to think we have grown to a group of 102 stations around the country," said Sook. "Going public 10 years ago this week
on Nasdaq our equity value has grown by ten fold in those 10 years."

Sook believes that success comes from a focus on the communities it serves and the employees who go above and beyond.

"I think when we think about Nexstar, we think of a company that our successes and today's milestones and stepping stones would not be possible without the hard work of over 3000 employees and while Nexstar is the company name
we are really a collection of local businesses serving local communities in 20 states all around the United States."

And the market likes what it sees. Steven Brown is manager of Nasdaq's market intelligence desk.

"They've done well," said Brown. "Their stock is up 245% over last 10 years. That's spectacular. It reached an all-time high this past Friday."

The success of the Nexstar Broadcasting Group was shown in a very big way on the Nasdaq tower on Times Square.

So as we move forward there is every reason to believe the future for the Nexstar Broadcasting Group is a bright one.



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