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Nexstar Wins Battle For Media General with $4.6 Billion Deal

Nexstar Broadcasting has won the fight to take over station group owner Media General, setting a $4.6 billion acquisition pact after months of public wrangling that derailed Media General’s plan to merge with Meredith Corp. 400 more words


Media General Rejects Nexstar's $1.9B Offer, But Agrees To Talk

Media General has given its response to Nexstar’s $1.9 billion cash and stock acquisition proposal and it’s: not yet.

The Media General board rejected the offer but agreed to negotiate after concluding that it could do so without violating its $2.4 billion cash-and-stock deal to buy Meredith. 240 more words

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