Nexstar Broadcasting Group, Inc. (NASDAQ: NXST) today announced that selling stockholders, funds affiliated with ABRY Partners, LLC, intend to offer 3.0 million shares of Class A common stock of the Company for sale in an underwritten offering.

In addition, the selling stockholders have granted the underwriter a 30-day option to purchase up to an additional 450,000 shares of Class A common stock on the same terms and conditions.

BofA Merrill Lynch is acting as sole underwriter of the offering.

The offering consists entirely of secondary shares to be sold by the selling stockholders. The Company will not sell any shares in the offering and will not receive any proceeds from the offering. Closing of the offering is expected to occur on or about February 12, 2013, subject to customary closing conditions.