DALLAS--(BUSINESS WIRE)--Kendall Law Group, led by former federal Judge Joe Kendall, has launched an investigation of Meredith Corporation (NYSE: MDP) and its Board of Directors on behalf of shareholders in connection with the proposed sale to Media General Inc. The transaction is valued at approximately $2.4 Billion. Pursuant to the terms of the agreement, Meredith shareholders will only receive $34.57 in cash and 1.5214 shares of the new holding company formed by Media General for each share