Media General to Engage in Negotiations with Nexstar

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Meredith Corp. (MDP) Says Meredith-Media General (MEG) Merger is in Best Interests of All Shareholders (NXST)

November 16, 2015 11:17 AM EST

Meredith Corporation (NYSE: MDP) today issued the following statements in response to a determination made by Media General (NYSE: MEG) to (1) Reject Nexstar Broadcasting Group's (Nasdaq: NXST) unsolicited proposal to acquire Media General; and (2) Engage in negotiations with Nexstar regarding its non-binding... More

Nexstar Broadcasting (NXST) Announces Proposal to Acquire Media General (MEG) Now Valued at $15.70 Per Share

November 16, 2015 10:36 AM EST

Nexstar Broadcasting Group, Inc. (Nasdaq: NXST) today commented on Media General, Inc.s (NYSE: MEG) announcement that it will enter into negotiations regarding Nexstars proposal to acquire Media General. On September 28, Nexstar submitted a proposal to acquire Media General for $10.50 per share in cash and a... More