Nexstar Buying LKQD Technologies for $90 Million
Nexstar will buy video advertising infrastructure company LKQD Technologies for “approximately $90 million cash,” Nexstar announced Thursday. LKQD’s video advertising platform has “the largest reach in the US to viewers across digital devices,” about 115 million U.S. online video viewers…
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over desktops, “mobile-web, mobile-app and connected TVs,” Nexstar said, letting the TV station owner's ad clients target customers. The deal is expected to close late in 2017 or Q1 2018.