Nexstar expands local TV affiliate stable Details Michelle Clancy | 22 November 2014 Nexstar Broadcasting is adding a touch of KLAS, as it were: it plans to acquire KLAS-TV, the CBS broadcast affiliate serving the Las Vegas market, for $145 million plus working capital from Landmark Media Enterprises.The acquisition will expand the company's portfolio to 110 television stations serving 58 markets in 23 states, reaching approximately 20.3 million television households (18% of the country).Nexstar said that it intends to finance the station acquisition with cash generated from operations and borrowings under its senior credit facilities and/or additional capital markets activities. The transaction is subject to FCC approval and other customary approvals, and is expected to close in the first half of 2015.