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Media General (MEG)



Faruqi & Faruqi, LLP Announces the Investigation of Media General (MEG) Over the Proposed Sale of the Company to Nexstar Broadcasting

Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Media General (“Company”) (NYSE:MEG) for potential breaches of fiduciary duties in connection with the sale of the Company to Nexstar Broadcasting for approximately $4.6 billion in a cash and stock transaction. 

The Company’s stockholders will only receive $10.55 per share in cash and 0.1249 Nexstar Broadcasting shares, or approximately $16.17, for each share of Company common stock they own. However, this offer is below at least one analyst’s target price of $18.00 per share.

If you own common stock in Company and wish to obtain additional information and protect your investments free of charge, please fill out the form below or contact Juan E. Monteverde, Esq. either via e-mail at jmonteverde@faruqilaw.com or by telephone at (877) 247-4292 or (212) 983-9330. 

Request Information

Please tell us about yourself by completing the form below and we will provide you with additional
information at no cost to you on how to join the Class Action.

  • Company:
    Media General (MEG)

* The submission of this form does not create an attorney-client relationship.

Contact Counsel

MergerInfo Request
Faruqi & Faruqi, LLP
685 Third Avenue 26th Floor
New York, NY 10017
Tel: (212) 983-9330


Case Details


  • 01/28/2016

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