STEVENSON, Md.--(BUSINESS WIRE)--The securities litigation law firm of Brower Piven, A Professional Corporation, has commenced an investigation into possible breaches of fiduciary duty and other violations of state law by the Board of Directors of Meredith Corporation (NYSE: MDP) (“Meredith” or the “Company”) relating to the proposed buyout of the Company by Media General, Inc. Under the terms of the transaction, Meredith shareholders are anticipated to receive $34.57 in cash and 1.5214 shares
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