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With its stock down by more than 50% over the past three years and its industry in turmoil, Media General (MEG Quote) announced this week that it's considering the sale of five broadcast TV stations from its portfolio.
It's going to take more than that to generate any enthusiasm from Wall Street.
Investors want Media General to follow the example set by Belo Corp. (BLC Quote) and E.W. Scripps (SSP Quote) and separate its broadcasting business from its sluggish newspapers operations. ...
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