NEW ORLEANS, Jan. 29, 2016 /PRNewswire/ -- Former
Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the
law firm of Kahn Swick & Foti, LLC ("KSF") are investigating
the proposed sale of Media General, Inc. ("Media General" or the
"Company") (NYSE: MEG) to Nexstar Broadcasting Group, Inc. (NASDAQ:
NXST). Under the terms of the proposed transaction, shareholders of
Media General will receive only $10.55 per share in cash and 0.1249 of a share of
Nexstar Class A common stock, plus a potential CVR, for each share
of Media General that they own. KSF is seeking to determine whether
this consideration and the process that led to it are adequate, or
whether the consideration undervalues the Company.
If you believe that this transaction undervalues the Company
and/or if you would like to discuss your legal rights regarding the
proposed sale, you may, without obligation or cost to you, e-mail
or call KSF Managing Partner Lewis S. Kahn
(lewis.kahn@ksfcounsel.com) toll free at any time at
855-768-1857.
To learn more about KSF, whose partners include the Former
Louisiana Attorney General, visit www.ksfcounsel.com.
Kahn Swick & Foti, LLC
206 Covington St.
Madisonville, LA 70447
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SOURCE Kahn Swick & Foti, LLC