class of media

Lawyers for Mr. Sugarman unsuccessfully argued that both classes of Media General shareholders should be permitted to vote on his buyout proposal.

The DLNA media format model defines a set of required media formats and a set of optional media formats for both device categories and for each of the three classes of media: image, audio, and video with audio (AV).

But his attorneys say he will appeal the ruling, and last week he raised the offer to $70 a share for both classes of Media General stock, in an effort to put more pressure on the D. Tennant Bryan family, which has run Media General for more than a century.