Gabelli Hosting Media General-Investor Meeting

I've been leaning toward voting FOR Harbinger's slate of directors for Media General (MEG/NYSE). Harbinger owns about 18% of Media General's Class A stock -- the non-voting shares that I also own. Mario Gabelli has long been the largest investor in Media General, and reportedly was in favor of at least one of Harbinger's nominees.

Today news came over the wires that Gabelli is hosting a gathering with the company, the hedge fund, and institutional investors:

The forum will allow institutional investors to question Marshall Morton, Media General's president and chief executive, and Harbinger Vice President Joseph Cleverdon, Gabelli said late Monday. Harbinger holds about 18 percent of the Class A shares of the publisher of the Richmond Times-Dispatch, The Tampa Tribune and Winston-Salem Journal.

The linked report has a Media General spokesman saying that Morton has accept the invitation.