Arkansas Business

Such agreements can include shared employees and shared local news content, as well as reduced costs and less competition, according to the Times story.

Jaffoni, the Nexstar spokesman, said the Nexstar-Mission partnership looks different from market to market, but declined to be specific.

Mission President Dennis Thatcher did not return phone calls.

(Correction Dec. 12, 2012: In the story's third paragraph, we mistakenly did not include KARZ as one of the stations Nexstar owns in Little Rock.)