Media General investor reports change of ownership

By Lisa Kerner

Charlotte, N.C., Sept. 6 - Media General, Inc. investor J. Stewart Bryan III voluntarily resigned from his position as co-trustee of two separate trusts effective Sept. 1 and no longer shares voting power and dispositive power over the shares in these trusts.

As of Aug. 31, the first trust held 206,400 class A shares and the second trust held 206,300 class A shares, according to a schedule 13D filing with the Securities and Exchange Commission.

The number of class A shares reported by Bryan includes the number of class B shares of Media General held by Media Trust and convertible into an equal number of class A shares at the holder's option. Bryan is the sole trustee of Media Trust with sole voting power and sole dispositive power.

The total number of shares of Media General class A common stock owned by Bryan is 1,352,099, or 5.93% of the company's outstanding stock.

Media Trust owns 466,162 shares, or 2.07%, of the Richmond, Va., communications company.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.