Media General (MEG) 17.08 $MEG Media General Up 24.8%

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Jun 24, 2016 at 10:19 PM

Media General (MEG) 17.08 $MEG

Media General Up 24.8% Since SmarTrend Uptrend Call (MEG)
Comtex SmarTrend(R) - Thu Jun 23, 1:01AM CDT
SmarTrend identified an Uptrend for Media General (NYSE:MEG) on September 28th, 2015 at $13.73. In approximately 9 months, Media General has returned 24.84% as of today's recent price of $17.14.
MEG: 17.08 (-0.40)

Heartland Media and MSouth Equity Partners Enter into an Agreement to Purchase Five Stations From Nexstar Broadcasting Group and Media General for $115,000,000
BusinessWire - Mon Jun 13, 11:13AM CDT
Heartland Media, LLC ("Heartland"

and MSouth Equity Partners ("MSouth"

announced today that they have entered into an agreement to purchase five stations from Nexstar Broadcasting Group, Inc. ("Nexstar"

and Media General, Inc. ("Media General"

for $115,000,000 in cash following the acquisition of Media General by Nexstar. Heartland and MSouth formed a new company, USA Television MidAmerica Holdings, LLC ("USA MidAmerica"

for the purpose of purchasing the following stations:
MEG: 17.08 (-0.40), NXST: 47.18 (-2.42)

Nexstar Broadcasting Enters into Definitive Agreement to Divest Five Stations in Five Markets for $115 Million
BusinessWire - Mon Jun 13, 8:00AM CDT
Nexstar Broadcasting Group, Inc. (Nasdaq: NXST) ("Nexstar," "the Company"

and Media General, Inc. (NYSE: MEG) ("Media General"

announced today that Nexstar has entered into a definitive agreement to sell five stations in five markets to USA Television MidAmerica Holdings, LLC (an affiliate of MSouth Equity Partners and Heartland Media, LLC) ("USA TV"

for $115 million in cash following the acquisition of Media General by Nexstar.
MEG: 17.08 (-0.40), NXST: 47.18 (-2.42)

Shareholders of Nexstar Broadcasting and Media General Vote to Approve Nexstar's Acquisition of Media General
BusinessWire - Wed Jun 08, 11:00AM CDT
Nexstar Broadcasting Group, Inc. (Nasdaq: NXST) ("Nexstar"

and Media General, Inc. (NYSE: MEG) ("Media General"

announced that, at separate meetings today, their respective shareholders approved Nexstar's acquisition of Media General.
MEG: 17.08 (-0.40), NXST: 47.18 (-2.42)

Media General Has Returned 30.4% Since SmarTrend Recommendation (MEG)
Comtex SmarTrend(R) - Wed Jun 08, 12:55AM CDT
SmarTrend identified an Uptrend for Media General (NYSE:MEG) on September 28th, 2015 at $13.73. In approximately 8 months, Media General has returned 30.44% as of today's recent price of $17.91.
MEG: 17.08 (-0.40)

Nexstar Broadcasting Enters into Definitive Agreement to Divest Two Stations in Two Markets for $270 Million
BusinessWire - Fri Jun 03, 8:00AM CDT
Nexstar Broadcasting Group, Inc. (Nasdaq: NXST) ("Nexstar"

and Media General, Inc. (NYSE: MEG) ("Media General"

announced today that Nexstar has entered into a definitive agreement to sell WBAY-TV, the ABC affiliate serving the Green Bay, Wisconsin market (DMA #68), and KWQC-TV, the NBC affiliate serving the Davenport -Moline-Rock Island, (Quad Cities) Iowa market (DMA #101), to Gray Television Group, Inc. (a wholly-owned subsidiary of Gray Television, Inc., NYSE: GTN) ("Gray"

for $270 million in cash following the acquisition of Media General by Nexstar.
MEG: 17.08 (-0.40), GTN: 10.88 (-0.52), NXST: 47.18 (-2.42)

Media General Shares Up 30.1% Since SmarTrend's Buy Recommendation (MEG)
Comtex SmarTrend(R) - Tue May 31, 1:28PM CDT
SmarTrend identified an Uptrend for Media General (NYSE:MEG) on September 28th, 2015 at $13.73. In approximately 8 months, Media General has returned 30.08% as of today's recent price of $17.86.
MEG: 17.08 (-0.40)

Nexstar Broadcasting Enters into Definitive Agreements to Divest Five Stations in Four Markets
BusinessWire - Fri May 27, 7:30AM CDT
Nexstar Broadcasting Group, Inc. (Nasdaq:NXST) ("Nexstar"

announced today that it entered into three definitive agreements to divest five television stations in four markets. The proposed divestitures mark an important first step in fulfilling Nexstar's commitment to regulatory bodies to consummate its previously announced agreement to acquire Media General Inc. (NYSE: MEG) ("Media General"

, and Nexstar anticipates announcing additional station divestitures shortly. In addition to divesting overlap markets and other markets to meet the 39% U.S. television household national ownership cap, two of the three proposed transactions represent opportunities for minority television station owners to play a greater role in the U.S. broadcasting industry, a key initiative of the Federal Communications Commission ("FCC"

.
MEG: 17.08 (-0.40), NXST: 47.18 (-2.42)

Salon Media Group Announces Appointment of Jordan Hoffner as new CEO
GlobeNewswire - Tue May 24, 3:13PM CDT
Salon Media Group, Inc. (OTCQB:SLNM) announced yesterday a change in its Chief Executive Officer.
MEG: 17.08 (-0.40), IAC: 55.03 (-1.76)

24.8% Return Seen to Date on SmarTrend Media General Call (MEG)
Comtex SmarTrend(R) - Tue May 24, 1:02AM CDT
SmarTrend identified an Uptrend for Media General (NYSE:MEG) on September 28th, 2015 at $13.73. In approximately 8 months, Media General has returned 24.76% as of today's recent price of $17.13.
MEG: 17.08 (-0.40)

Media General Shares Up 26.6% Since SmarTrend's Buy Recommendation (MEG)
Comtex SmarTrend(R) - Mon May 16, 1:37PM CDT
SmarTrend identified an Uptrend for Media General (NYSE:MEG) on September 28th, 2015 at $13.73. In approximately 8 months, Media General has returned 26.58% as of today's recent price of $17.38.
MEG: 17.08 (-0.40)

Media General reports 1Q loss
Automated Insights - Fri May 06, 6:55AM CDT
RICHMOND, Va. (AP) _ Media General Inc. (MEG) on Friday reported a loss of $26.2 million in its first quarter.
MEG: 17.08 (-0.40)

Media General, Inc. Announces First Quarter 2016 Results
BusinessWire - Fri May 06, 6:30AM CDT
Media General, Inc. ("Media General" or the "Company;" NYSE: MEG), one of the nation's largest local media companies, today reported results for the first quarter ended March 31, 2016.
MEG: 17.08 (-0.40)

A timeline of the 123-year history of the Tampa Tribune
By The Associated Press - AP - Fri May 06, 1:51AM CDT
ST. PETERSBURG, Fla. (AP) — The Tampa Tribune has a long and storied 123-year history in Florida. It started in 1893, won a Pulitzer in 1966 and in 1999 became one of the first newspapers in the nation to "converge" with a TV station when it shared a newsroom with WFLA. Here is a timeline:
MEG: 17.08 (-0.40), TRCO: 37.89 (-1.53)

Broadcasting Stocks to Watch for Earnings on May 6: SSP, MEG
Zacks Equity Research - Zacks Investment Research - Thu May 05, 7:55AM CDT
We are in the thick of the Q1 earnings season with more than 70% of the S&P index having already released their quarterly numbers.
MEG: 17.08 (-0.40), SSP: 16.31 (-0.69), TWC: 209.56 (-0.44), CBS: 51.65 (-2.04)

Media General and Katz Television Group Announce Partnership Agreement
BusinessWire - Thu Apr 28, 8:00AM CDT
Media General, Inc. ("Media General" or the "Company;" NYSE: MEG), one of the nation's largest local media companies, today announced that it has selected Katz Television Group as its new national sales representative. Effective immediately, Katz Television Group ("Katz"

will manage national sales for nearly all of Media General's television stations.
MEG: 17.08 (-0.40)

IMAX Corp. (IMAX) Beats Q1 Earnings & Revenue Estimates
Zacks Equity Research - Zacks Investment Research - Mon Apr 25, 5:31AM CDT
IMAX Corp. (IMAX) reported mixed first-quarter 2016 results, with both the top and the bottom line beating the Zacks Consensus Estimate.
WWE: 18.18 (-0.89), MEG: 17.08 (-0.40), DWA: 40.71 (-0.07), IMAX: 28.89 (-1.03)

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