Media General Buys Meredith Corp for $2.4 Billion In Cash-And-Stock Deal

McDermott advised Des Moines, Iowa-based Meredith Corporation on its acquisition by broadcasting giant Media General in a $2.4 billion in a cash-and-stock deal to create a new company, Meredith Media General, that will be the third-largest local television station owner in America. Read the full article.