DOJ Seeks Comment on Media General/LIN Deal
The U.S. Department of Justice is seeking comment on its proposed settlement to allow Media General to buy LIN Media for $1.5 billion, said a notice in the Federal Register. The settlement agreement mirrors an agreement between the two companies announced when they applied for transaction approval, and involves Media General's divesting seven stations (see 1410300060). Comments are due within the next 60 days, the notice said.