Published On: Sun, Nov 26th, 2017

Meredith Corp. Buys Time Inc. In Koch-Backed Deal – NPR


NPR

Meredith Corp. Buys Time Inc. In Koch-Backed Deal
NPR
Meredith Corp., the owner of Better Homes & Gardens, AllRecipes and Family Circle, has struck a deal to buy magazine publisher Time Inc, in an all-cash transaction valued at $2.8 billion including debt, that joins two vastly different media portfolios.

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