Meredith Deal Said on Hold as Media General Assesses Nexstar Bid

  • Media General hasn't paid a breakup fee to kill Meredith deal
  • Meredith mulling options including revising Media General deal

Meredith Corp.’s agreement to be bought by Media General Inc. is on hold as Media General’s advisers assess an unsolicited bid from Nexstar Broadcasting Group Inc., people with knowledge of the matter said.

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