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Nexstar Surprise Bid for Media General

Nexstar Broadcasting has made a bid for TV-station owner Media General, in a surprise maneuver aimed at breaking up Media General’s effort to acquire Meredith Corp. Nexstar sent a letter to Media General’s board of directors Monday morning offering $14.50 a share for the company. http://variety.com/2015/tv/news/nexstar-surprise-bid-media-general-1201603756/ #EntertainmentBiz

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