Media General rejects Nexstar bid, but willing to talk
November 16, 2015 at 08:39 AM EST
RICHMOND, Va.— Television company Media General has rejected a nearly $1.9 billion buyout offer from Nexstar Broadcasting Group Inc. but will engage in talks. Media General Inc. has agreed to spend $2.4 billion in a transaction for Meredith Corp., which owns television stations and publishes about 20 magazines. Media General said in September that a deal with...