Meredith Corp. Agrees To Acquire Time Inc. In $3B Deal

Meredith Corp. has “agreed to purchase Time Inc. in an all-cash transaction valued” at nearly $3B. The deal to acquire the publisher, whose assets include SI, was “made possible, in part, by an infusion” of $650M from the private equity arm of the Koch brothers. In announcing the deal, M…

Source:: http://www.sportsbusinessdaily.com/Daily/Morning-Buzz/2017/11/27/Time-Inc.aspx

      

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