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Mergers & Acquisitions

Mar. 25, 2014

TV conglomerate taps Weil for $1.6 billion sale

Television station conglomerate LIN Media LLC relied on counsel from Weil, Gotshal & Manges LLP to help oversee its $1.6 billion sale to Media General Inc.


By Dominic Fracassa


Daily Journal Staff Writer


PALO ALTO - Broadcast television station conglomerate LIN Media LLC relied on counsel from Weil, Gotshal & Manges LLP to help oversee its sale to Media General Inc.


The $1.6 billion deal announced Friday would consolidate enough TV stations to reach 23 percent of viewing audiences in the U.S. and would create the country's second-largest local TV broadcasting company, according to the com...

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