Media General, Inc. MEG
announced today that its tender offer to purchase up to $45.2 million of its
11¾% Senior Secured Notes due 2017 expired on July 30, 2012 at 5 p.m. ET.
Media General accepted for purchase $200,000 of notes that were validly
tendered and the purchased notes were canceled. Holders of the validly
tendered notes received the announced purchase price of 100% of the principal
amount plus accrued and unpaid interest to the date of payment. All notes not
tendered remain outstanding, leaving a principal amount due of $299.8 million.
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