On November 6, 2013, Irving, Texas-based Nexstar Broadcasting Group announced that it would purchase the Grant Broadcasting stations—including KGCW and KLJB—for $87.5 million. Just six weeks prior on September 16, Nexstar had announced it was acquiring CBS affiliate WHBF-TV (channel 4) from Bronxville, New York-based Citadel Communications in an $88-million deal, in which Nexstar also assumed that station's operations through a time brokerage agreement. This precluded Nexstar from acquiring KLJB directly as Federal Communications Commission (FCC) ownership regulations prohibited common ownership of two of the four highest-rated television stations in the same media market; Nexstar originally intended to address the conflict by spinning off KLJB to Westlake, Ohio-based partner company Mission Broadcasting, with the intent of taking over that station's operations through a shared services agreement.