Media General – Meredith

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The planned merger between Media General and Meredith, that could have major implications for WFSB and WTNH, is running into trouble.

It all began Monday when a third company, Nexstar, made its own bid for Media General. Things were further complicated by late Tuesday when a major Media General shareholder publicly asked the leadership of Media General to make the best deal possible with Nexstar.

The letter argues the combination of Media General and Nexstar would create the largest television network in the country. Nexstar doesn’t own any properties in Connecticut.