USA Today: Nexstar Broadcasting said it has offered about $1.9 billion to buy Media General, seeking to enlarge its local-TV business and thwart Media General’s attempt to merge with competitor Meredith. Nexstar, based in Irving, Texas, is proposing to pay $10.50 per share in cash and 0.0898 Nexstar shares per Media General share. That would value Media General at $14.50 per share, or about 30 percent higher than the closing stock price on Friday. The total transaction value is $4.1 billion, including Media General’s debt.