TRACK STORMS: Click to use CBS 6 Interactive Radar

Media General CEO opens up about Times-Dispatch sale

mediageneralB-300x147

By Michael Schwartz

RICHMOND, Va. (RichmondBizSense.com) – The deal to sell Richmond’s main newspaper took shape quickly.

Media General, The Times-Dispatch’s parent company, needed two things: to sell its newspapers and to refinance hundreds of millions of dollars in debt with a looming due date.


Marshall Morton, who has been at the helm of the Richmond-based media company since 2005, never dreamed that one company would meet both needs.

Click here to continue reading on RichmondBizSense.com.

Follow

Get every new post delivered to your Inbox.

Join 1,685 other followers