RICHMOND, Va.--(BUSINESS WIRE)--Media General, Inc. (“Media General” or the “Company”; NYSE: MEG), one of the nation’s largest cross-screen media companies, announced today that its Board of Directors has authorized a share repurchase program of up to $120 million. The Company expects to fund the share repurchase by using the approximately $120 million of cash proceeds from the sale of WJAR-TV that was completed in connection with the merger with LIN Media. Those proceeds, which were deposited
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