Tags » Meredith Corp

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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What Nexstar Broadcasting's attempt to buy Media General means for Meredith Corp merger

Nexstar Broadcasting Group offered to buy Media General for $1.9 billion, putting itself in the way of an anticipated merger between Media General and Meredith Corp., … 207 more words


Nextar Makes $1.9 Billion Offer To Buy Media General

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IRVING (AP) – Nexstar Broadcasting is trying to wedge between Media General and Meredith Corp. with a nearly $1.9 billion offer to buy Media General. 120 more words


This $2.4B merger will create a local TV behemoth

Media General Inc. announced Tuesday that it will be merging with Meredith Corporation in a cash and stock deal valued at $2.4 billion, creating Meredith Media General. 221 more words


TV Station Mega Merger: Media General Sets $2.4 Billion Acquisition of Meredith Corp.

Media General has set a $2.4 billion acquisition of Meredith Corp., creating a TV station colossus that will rank as the nation’s third-largest owner of network affiliates. 356 more words


Media General Agrees To Pay $2.4B For Meredith, Creating No. 3 TV Station Co.

Here’s the latest sign that TV station owners remain eager to consolidate ahead of the FCC’s planned airwave spectrum auction, a likely windfall from the 2016 political campaigns, but also growing pressures on the business as ad dollars move to digital platforms. 375 more words


Here’s Why the Martha Stewart Deal Could Go Sour

News broke earlier this week that Martha Stewart Living Omnimedia, an unprofitable lifestyle business founded by the do-it-yourself maven, would be sold to retail licensing company Sequential Brands Group… 215 more words