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Meredith Corporation was an American media conglomerate based in Des Moines, Iowa, that owned magazines, television stations, websites, and radio stations. Its publications had a readership of more than 120 million and paid circulation of more than 40 million, and its websites had nearly 135 million monthly unique visitors.
Oct 6, 2021 · IAC will pay $2.7 billion, executives said in an investor call, and the new company will operate as Dotdash Meredith. Harty told Meredith employees that current Dotdash CEO Neil Vogel will lead ...
- Tyler Jett
- Investigative Reporter
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Meredith Corporation is a leading media company, focused primarily on magazines and broadcasting. The company is best known for publishing two of America's most popular magazines: Better Homes and Gardens, with a circulation of 7.6 million, and Ladies' Home Journal, with a circulation of 4.5 million. About 85 percent of the diversified media ...
Dec 2, 2021 · Following a shareholder vote Tuesday in which 99% of investors approved of the deal, Meredith sold its 17 local TV stations to Atlanta-based Gray Television for $2.8 billion. Meredith then spun ...
- Tyler Jett
- Investigative Reporter
Oct 6, 2021 · 2021. Meredith announces in May it will sell its TV stations to Gray Television for $2.7 billion. On Oct. 6, it confirms it will be acquired by IAC/Interactive. Meredith Corwas founded in Des ...
Oct 6, 2021 · The purchase price is roughly $2.7 billion, or $42.18 per share, the companies said in a joint announcement. If the deal goes through, the new company will be called Dotdash Meredith, and it will ...
NEW YORK and DES MOINES, Iowa, Oct. 6, 2021 /PRNewswire/ -- IAC (NASDAQ: IAC) and Meredith Corporation (NYSE: MDP), a leading media company and owner of world-class brands such as PEOPLE, Better Homes & Gardens, Allrecipes, Southern Living, InStyle and REAL SIMPLE, today announced their entry into an agreement pursuant to which IAC's Dotdash digital publishing unit will acquire the entity that ...
