New Media General definition
Examples of New Media General in a sentence
The Merger Agreement fixes the number of LIN Media LLC common shares that will be exchanged for cash in the LIN Merger at 27,426,312 shares; the balance of outstanding LIN Media LLC common shares will be exchanged for shares of New Media General voting common stock.
If the application of the exchange ratio to all shares in respect of which you elect to receive stock consideration would cause you to receive a fraction of a share of New Media General voting common stock, you will instead receive cash with a value equal to the value of the fractional share of New Media General voting common stock.
In the area marked “Election Options,” indicate whether you would like to receive, in exchange for each of your LIN Media LLC common shares, only shares of New Media General voting common stock, only cash, a combination of voting common stock and cash, or “No Election.” ▇▇▇▇ only one selection in this box.
By submitting an Election Form, the Holder acknowledges that Media General, Inc., LIN Media LLC, and New Media General will be relying on Election Forms that are not validly revoked before the Election Deadline in connection with allocating and distributing the merger consideration in connection with the LIN Merger.