On 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.
Please Login to view this premium content. (Not a member? Join Today!)
On 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.
