Media General said today that it has closed on its merger with LIN Media and the associated transactions. Media General’s President-CEO Vincent L. Sadusky said: “We are pleased to have finalized the merger transaction that delivers numerous strategic and financial benefits, including a strong balance sheet, significant free cash flow, enhanced scale and a diverse geographic footprint that will provide important opportunities to continue growing our business. We look forward to a smooth integration, capitalizing on our new, combined strength and achieving our synergy goals.”
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