Active Stocks Under Consideration: Media General Inc (NYSE:MEG), Royal Bank of Canada (NYSE:RY)

Active Stocks

Media General Inc (NYSE:MEG), finished its Tuesday’s exchanging session with – 0.71% diminished, and shut at $13.92.


Media General, Inc. claims and works TV slots in the United States. It works 71 system related stations, and their related advanced media and portable stages, checking 22 CBS stations, 14 NBC stations, 12 ABC stations, 8 FOX stations, 7 MyNetworkTV stations, 7 CW stations, and 1 Telemundo station in 48 markets.

Media General, Inc. (MEG) pronounced that the Company’s Board of Directors, in counsel with its lawful and money related counselors, is deliberately looking into and considering the spontaneous proposition from Nexstar Broadcasting Group, Inc. (NXST) got on September 28, 2015, to focus the strategy that it accepts is to the greatest advantage of the Company and its shareholders. The Board will finish its survey at the appointed time and will educate shareholders concerning the result of its audit around then.

The Company likewise noticed that it has held Goldman, Sachs and Co. furthermore, Weil, Gotshal and Manges LLP to help the Board in its assessment and thought of the Nexstar proposition. Goldman, Sachs and Co and Weil, Gotshal and Manges LLP will cooperate with RBC Capital Markets and Fried, Frank, Harris, Shriver and Jacobson LLP who will keep on serving as money related and lawful consultants to the Company.

On Tuesday, Royal Bank of Canada (NYSE:RY’s) shares slanted 1.33% to $56.22.

Royal Bank of Canada, together with its assistants, works as a broadened budgetary administration organization around the world. The organization works through five portions: Personal and Commercial Banking, Wealth Administration, Insurance, Investor and Treasury Services, and Capital Markets

RBC Global Asset Administration Inc. pronounced September shared store net offers of $377 million . Long haul trusts had net offers of $423 million and currency business sector stores had net recoveries of $47 million . Resources under organization diminished by 1.2 for every penny.

Doug Coulter , president of RBC Global Asset Administration expressed that Canadians keep on trusting RBC GAM’s speculation arrangements and skill in helping them achieve their venture points. Wage producing arrangements stay well known among financial specialists and counsels. Thus, the PH&N Total Return Bond Fund, a reserve that tries to give long haul development and a containing level of pay, was a favored decision this previous month.

Deals results data depends on preparatory information from the Investment Funds Institute of Canada (IFIC).

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About the Author

Kristen Rose
University graduate with a bachelor's degree in business administration. Kristen is the Finance Editor, overseeing markets, economics, wealth, fintech, banking, and regulation coverage, based in London. She like to keep things simple, enjoy life, & appreciate everything around me.♡