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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.
News For MEG From The Last 14 Days
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September 15, 2014
10:39 EDTMEGMedia General renewal with CBS a positive, says Wells Fargo
Wells Fargo views Media General's (MEG) announcement that it has renewed its affiliation agreements with all 12 of its CBS (CBS) stations as a positive that, along with LIN Media's (LIN) prior renewal with CBS, should end investor concerns about additional ''lost affiliations'' for the two. The firm maintains its Outperform rating on Media General.
09:03 EDTMEGCBS and Media General sign deal to renew all affiliation agreements
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September 10, 2014
09:36 EDTMEGMedia General renews ABC affiliation agreement for WJBF-TV
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