Page 1 of 1 pages
Magazine publisher and broadcast company Meredith Corp. said Sunday afternoon it will acquire Time Inc. in a deal valued at $2.8 billion, a further sign of the steep challenges facing the print magazine industry. The Des Moines, Iowa-based company said in a statement that it has agreed to pay... Continue reading at 'Los Angeles Times'
[ Los Angeles Times | 2017-11-27 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#meredith corp
#acquire time
#magazine publisher
#deal valued
#des moines
#iowa-based company
#pay $18
Meredith Corp. has agreed to acquire Time Inc. for $2.8 billion including debt, swallowing the once-mighty home of Fortune and Sports Illustrated after the internet age wreaked havoc on even the most prestigious magazine titles.The $18.50-a-share offer is an all-cash one, Meredith said in a... Continue reading at 'Advertising Age'
[ Advertising Age | 2017-11-27 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#acquire time
#sports illustrated
#homes gardens
#larger audience
#$650 million