NEW YORK--(BUSINESS WIRE)--Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Media General (“Company”) (NYSE:MEG) for potential breaches of fiduciary duties in connection with the sale of the Company to Nexstar Broadcasting for approximately $4.1 billion in a cash and stock transaction. The Company’s stockholders will only receive $10.50 in cash and 0.0898 Nexstar Broadcasting shares, or approximately $14.62,
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