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The Biggest Mergers Currently Stuck In Regulatory Purgatory
Thursday, January 19, 2017 - 3:57pm | 483Read More...After a meeting with President-elect Donald Trump, Bayer AG (ADR) (OTC: BAYRY) generated excitement among American investors eager to finalize a long-anticipated merger with Monsanto Company (NYSE: MON). But the Federal Trade Commission is not yet on board with the deal, and the companies still...
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Report: Nexstar Set To Finalize Details Of Proposed Media General Acquisition
Thursday, December 31, 2015 - 10:17am | 149Read More...According to Bloomberg, Nexstar Broadcasting Group, Inc. (NASDAQ: NXST) will finalize the details of its proposed acquisition of Media General Inc (NYSE: MEG) as soon as Thursday. Bloomberg, citing "people with knowledge of the matter," reported that Nexstar would pay around $2.2...
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Media General's Stock Jumps Following Report Of A Bid From Nexstar Broadcasting
Wednesday, December 23, 2015 - 2:35pm | 160Read More...Shares of Media General Inc (NYSE: MEG) jumped higher by more than 3 percent on Wednesday following a report by Reuters that the company may be an acquisition target. Media General is a connected-screen multimedia company that operates around 71 television stations. According to Reuters,...
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Nexstar Close To Acquiring Media General For More Than $2 Billion
Wednesday, December 23, 2015 - 10:56am | 127Read More...Shares of Nexstar Broadcasting Group, Inc. (NASDAQ: NXST) were higher by nearly 1 percent at $56.57 Wednesday morning after the New York Post reported that the company is close to acquiring rival Media General Inc (NYSE: MEG). The New York Post noted that Nexstar is prepared to offer more than $2...
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Barron's Recap: Why Alibaba Could Plunge Another 50%
Monday, September 14, 2015 - 7:37am | 865Read More...This weekend in Barron's online: the outlook for Alibaba, new iPhone leasing plans, the end of quantitative easing, as well as the prospects for Infineon, Supervalu, Diamond Resorts and more. Cover Story "Alibaba: Why It Could Fall 50% Further" by Jonathan R. Laing. Jack Ma...
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Barron's Recap: The Penta Quarterly
Monday, May 18, 2015 - 6:44am | 806Read More...This weekend in Barron's online: Lyrical U.S. Value Equity hedge fund, the Penta Quarterly, the best hedge funds, as well as the prospects for Level 3 Communications, Media General, Brink's and more. Cover Story "Lyrical U.S. Value Equity's Sweet Results" by Michael Shari. The name of this top-...
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Market Wrap For March 21: Markets End Friday On A Negative Note, But Still Positive For The Week
Friday, March 21, 2014 - 4:38pm | 2353Read More...U.S. stocks slipped to negative territory aided in part by Friday being a quadruple witching trading session. Major indices sold off in the afternoon as investors likely took some chips off the table going in to an uncertain weekend with the situation in Ukraine far from resolved. The S&P...
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Buffett Embarrasses Analysts Again in His Latest Big Win
Friday, January 3, 2014 - 9:50am | 460Read More...Remember when Warren Buffett bought all of those newspapers? In fact, he bought 63 in total for $142 million along with loans totaling $445 million. At the same time, he took his fair share of criticism from all of the “experts” that believed Buffett’s iconic love for the old-school newspaper...
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Benchmark Reports Disappointing 2Q11 On Media General
Thursday, July 21, 2011 - 7:47am | 78Read More...According to Benchmark, Media General (NYSE: MEG) reported disappointing 2Q11 results, primarily driven by weakness across the board in Florida. Benchmark said that total revenue fell 7% y/y to $155 million versus consensus at $162 million, with revenue results in all three business segments...
