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Park West reports 5.2% stake in Nexstar Media

Sep. 19, 2017 5:09 PM ETNexstar Media Group, Inc. (NXST) StockNXSTBy: Jason Aycock, SA News Editor
  • Investor Park West Asset Management has reported a sizable passive stake in Nexstar Media Group (NASDAQ:NXST).
  • According to an SEC ownership filing, the firm affiliated with Peter Park has 2,463,982 shares beneficially owned.
  • Park West Investors Master Fund holds just over 1.3M shares of Class A Common stock and options to purchase up to 887,200 shares. Park West Partners International holds 161,647 shares of common stock and options to buy up to 112,800 shares.
  • That comes to a 5.2% passive stake.

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