Newspaper publisher Tribune has agreed to be sold to Alden Global Capital, a hedge fund known for cutting costs and eliminating newsroom jobs, in a deal valued at $630 billion Continue reading >> [ Source: ABC News | 2021-02-17 00:40:46 UTC ]
Elliott Advisors, which bought the U.K. bookstore chain Waterstones in April 2018, has signed a definitive agreement to buy Barnes & Noble in a deal valued at about $683 million. Continue reading >> [ Source: Publishers Weekly | 2019-06-07 04:00:00 UTC ]
Magazine publisher and broadcast company Meredith Corp. is acquiring Time Inc. in a deal valued at $2.8 billion as it seeks to adapt to the publishing industry’s challenge of migrating from print to the digital age. The Des Moines-based company said Sunday it would pay $18.50 a share for New... Continue reading >> [ Source: Los Angeles Times | 2017-11-28 00:00:00 UTC ]
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 >> [ Source: Los Angeles Times | 2017-11-27 00:00:00 UTC ]