Nexstar Executive Collapses

Tim Busch, the #2 executive at Nexstar Broadcasting, collapsed this morning at the CBS Upfront meetings in New York.

Paramedics were called and rushed him to the hospital. Some people close to the scene said he was still conscious.

Busch was the executive charged with due diligence on the Media General acquisition. No word on his medical status and what, if any, impact this will have on the buyout.