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Stock Market & Financial Investment News

News Breaks
August 5, 2014
07:33 EDTMEG, SBGI, LINMedia General reports Q2 EPS 8c, consensus 16c
Reports Q2 revenue $154.1M, consensus $153.33M. On March 21, Media General (MEG) announced plans to merge with LIN Media (LIN) in a transaction that will more than double the size of Media General and create the second-largest pure-play local television company in the United States. The merger with LIN Media is expected to be immediately accretive on a free cash flow per share basis and should be completed in early 2015, subject to regulatory approvals, the approval of Media General and LIN Media shareholders and other customary closing conditions. Additionally, on June 23,Media General announced a definitive agreement with Sinclair Broadcast Group (SBGI) to purchase WHTM, an ABC affiliate in Harrisonburg, PA, a transaction that is subject to regulatory approval and other customary closing conditions.
News For MEG;LIN;SBGI From The Last 14 Days
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June 29, 2015
13:02 EDTSBGISinclair Broadcast, MGM partner on science fiction multi-channel network
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08:01 EDTSBGItornate Company and Sinclair Broadcast announces formation of joint venture
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