Media General (MEG) +4.8% premarket after it says it is exploring a sale of its loss-making...

|About: Media General (MEG)|By:, SA News Editor

Media General (MEG) +4.8% premarket after it says it is exploring a sale of its loss-making newspaper operations and has received inquiries from several third parties regarding the potential purchase of some print assets. MEG had a long-term debt of $665M on its books as of Sept. 25, 2011, and has posted a loss in seven of its last eight quarters.