1. TV merger would result in sale of WWLP, 22 News

    TV merger would result in sale of WWLP, 22 News

    Media General Inc., owner of WWLP's 22 News and The CW Springfield, announced  on Tuesday it has agreed to buy Meredith Corp., owners of WGGB's abc 40, CBS 3 Springfield and FOX 6, for about $2.4 billion in cash and stock. The deal is expected to close by June 30, 2016, following approval from shareholders and regulators. The combined company, Meredith Media General, has said it plans to swap or divest of stations in Springfield, Hartford-New Haven, and several other markets to comply with Federal Communications Commission regulations.

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