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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…

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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.