Media General, LIN announce new merger agreement

By on Aug, 20 2014 with Comments 0

Media GeneralOn 8/20, Media General and LIN announced an amendment to their merger agreement and a new shareholder vote. In the original deal announced 3/21, the deal was for Media General to purchase LIN for $27.82 in cash or 1.5762 in Media General stock (at shareholders’ election) with a maximum cash payout of $763 million.

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About The Author: Carl has been with RBR-TVBR since 1997 and is currently Managing Director/Senior Editor. Residing in Northern Virginia, he covers the business of broadcasting, advertising, programming, new media and engineering. He’s also done a great deal of interviews for the company and handles our ever-growing stable of bylined columnists.

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