Media General Completes Negotiation of Transaction Terms with Nexstar
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Gabelli Downgrades Media General (MEG) to Hold
January 8, 2016 9:20 AM UTCGabelli downgraded Media General (NYSE: MEG) from Buy to Hold.
For an analyst ratings summary and ratings history on Media General click here. For more ratings news on Media General click here.
Shares of Media General closed at $16.12 yesterday.
... MoreMeredith (MDP) Amends Terms of Merger Agreement with Media General (MEG) as Nexstar (NXST) Talks End
January 7, 2016 9:23 AM UTCMeredith Corporation (NYSE: MDP) said today it has proposed an amendment to the terms of its merger agreement with Media General, Inc. (NYSE: MEG); (www.mediageneral.com) to create a powerful new multiplatform and diversified media company to be known as Meredith Media General.
The amended agreement offers Media General shareholders more than $20 per share in near-term value including:
$3.90 per share in cash at closing for total... More