Information Sharing

0
1202

We haven’t used the word “saga” yet in this story; so here it goes.

The saga of the proposed Media General/Meredith merger continues with a new development that allows everyone involved to see the full picture.

Late Wednesday, Media General and Meredith agreed to share certain non-public information with Nexstar – the third player in this potential deal – so the merits of a business transaction can be accurately assessed.

Still hanging in the balance is the possibility a Media General/Meredith merger might force a sale of either WFSB or WTNH.