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Slide #62. Media General, Inc. — The Tampa Tribune
Media General, Inc. (NYSE:MEG)
The Tampa Tribune
Media General, Inc., a local broadcast television and digital media company, announced today that it has sold The Tampa Tribune and its associated print and digital products to Tampa Media Group, Inc., a new company formed by Revolution Capital Group. The sale closed today. The sale price was $9.5 million, subject to adjustments for working capital and other items, yielding net proceeds before expenses of approximately $2 million.
Montrose Environmental Group services environmental needs of clients across three business segments: Assessment, Permitting and Response (provides scientific advisory and consulting services to support environmental assessments, environmental emergency response and recovery, toxicology consulting and environmental audits and permits, facility upgrades, new projects, decommissioning projects and development projects); Measurement and Analysis (testing and laboratory services); and Remediation and Reuse (provides engineering, design, implementation and operations and maintenance services to treat contaminated water, remove contaminants from soil or create biogas from agricultural waste).
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Strong Buy (3.50 out of 4)