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Stock Market & Financial Investment News

News Breaks
December 5, 2012
10:21 EDTMEGMedia General sees toatl operating expenses this year down approx. $20M
Expects total operating expenses this year will decrease by approximately $20M, or more than 3%, compared with total operating costs in 2010 of $605M. Says expects to remain in compliance with covenants near & long-term, says currently evaluating options for refinancing, including amending and extending $363M of bank term debt due March 2013. Comments from slides that will be presented at the UBS Global Media and Communications Conference.
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