The planned merger between Meredith Corp. and Media General is kaput, following Meredith’s agreement to terminate the deal in return for a cash payment. Media General to proceed with a separate deal that will see it acquired by Nexstar
The planned merger between Meredith Corp. and Media General is kaput, following Meredith’s agreement to terminate the deal in return for a cash payment. Media General to proceed with a separate deal that will see it acquired by Nexstar
Three-way fight for US TV station owner heats up as groups separately offer new terms
Media Gereral has made ‘several proposals’ to terminate Meredith merger and go with Nexstar buyout bid. Meredith counters with new deal terms.