Fellow TV broadcast specialist Nexstar Broadcasting didn't like the company's Meredith buyout idea, taking extreme measures to scuttle it.
News & Analysis: Media General
Media General is buying the company in a $3.1 billion deal, financed by $2.8 billion of fresh debt.
Is it meaningful? Or just another movement?
Is Media General's stock move meaningful? Or just another movement?
Geopolitical tensions drag down the S&P 500, while Endocyte, Unwired Planet, and LIN Media explode higher to end the week.
Is this meaningful or just another movement?
2013 finished with a bang for Warren Buffett thanks to big gains from ExxonMobil and Phillips 66, as the Berkshire Hathaway investments likely grew by nearly $9.5 billion over the final three months of the year.
Warren Buffett bet big on Media General last year, with a big term loan that allowed the operator of local broadcasting affiliates to get over the debt-refinancing hump. Is it a good bet for investors?
Warren Buffett and Berkshire Hathaway have had a number of stocks that have more than doubled the return of the market since the end of September, including one that is up more than 50%.
McDonald’s stock manages to edge higher despite Dow’s weakness.