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MEG
Media General

5/22/2012, 2:36 PM ET
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MEG Market Currents more »
  • Thursday 11:11 AM Media General (MEG) surges 41% following news of Berkshire Hathaway's (BRK.A) purchase of most of MEG's stable of newspapers and the $445M of debt that Berkshire's making available. The flagship Tampa Tribune is not included in the deal.
    Comment!
    [M&A, Consumer]
  • Thursday 8:21 AM Berkshire Hathaway (BRK.A) agrees to pay $142M to acquire most of Media General's (MEG) newspapers, including 63 daily and weekly titles in Virginia, North Carolina, South Carolina and Alabama. Berkshire also takes a 19.9% stake in Media General as part of a deal to provide the firm with a $400M term loan and a $45M revolving credit line. (PR)
    4 Comments
    [M&A, Consumer]
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  • Berkshire Hathaway's Financial Engineering At Core Of Media General Purchase
    Sun, May 20 • Ken Doctor • Comment!
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    Wed, Dec 21, 2011 • Ken Doctor • Comment!
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    Tue, Oct 19, 2010 • Dividend Sheet • Comment!
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    Mon, Aug 9, 2010 • EPS100Momentum • Comment!
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    Fri, Jul 16, 2010 • EPS100Momentum • Comment!
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Company Description

Media General, Inc. (the Company) is a leading provider of proprietary local news and information over multiple media platforms in leading small- and mid-size communities throughout the Southeastern United States. The Company owns three metropolitan and 20 community newspapers and 18... More