SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of Meredith Corporation of Commencement of an Investigation Concerning the Fairness of the Sale of the Company to Media General Inc.

NEW YORK--(BUSINESS WIRE)--

The following statement is being issued by Levi & Korsinsky, LLP:

To: All Persons or Entities who purchased Meredith Corporation stock prior to September 8, 2015.

You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the sale of Meredith Corporation (NYSE: MDP) to Media General Inc. (NYSE: MEG) for $34.57 in cash and 1.5214 shares in the post-merger entity per share, representing an approximate value of $51.53 per share. Meredith family members who collectively own 63% of the Company's Class B shares have voted in favor of the deal. To learn more about the investigation and your rights, go to:

http://zlk.9nl.com/meredith-mdp

or contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

Levi & Korsinsky is a national firm with offices in New York, New Jersey, Connecticut and Washington D.C. The firm's attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities lawsuits and have recovered hundreds of millions of dollars for aggrieved shareholders. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.

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