USA Today: Media General has reached a deal to acquire Meredith Corp. for $2.6 billion, creating the third largest TV station company in the U.S. Meredith owns or operates 17 TV stations and owns several national magazines targeted primarily at women, including Better Homes and Gardens, Shape, Allrecipes and Parents. The combined company will take on the name Meredith Media General. The new company will own 88 TV stations in 54 markets.