Lin shareholders will get $27.82 per share in stock and cash.
The offer represents a 29.5 percent premium to Lin's closing
price on Thursday.
(Corrects paragraph 1 to say the deal creates the second-largest
pure-play TV broadcaster, not largest and most diversified)
(Reporting by Sruthi Ramakrishnan in Bangalore;
editing by Sriraj Kalluvila)
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