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News Breaks | | | | December 5, 2012 | | 10:21 EDT |  | MEG | Media 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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