Meredith Corp. Buys Time Inc. In Koch-Backed Deal
In a long-elusive acquisition for Meredith, the two magazine giants have struck a $2.8-billion deal, that joins two vastly different media portfolios.
by Emma Bowman
Nov 27, 2017
1 minute
Meredith Corp., owner of and , has struck a deal to buy magazine publisher Time Inc, for an all-cash backed transaction of $1.84 billion, joining two vastly different media portfolios, that including the company's debt, is
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