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Meredith comes up short in bid for Time Inc.


Meredith Corp. has made a preliminary acquisition offer to Time Inc. that fell short of the price expectations of the publisher of Sports Illustrated and Fortune magazines, according to people familiar with the matter. The gap in valuation expectations could represent a setback to Time Inc.’s efforts to sell itself. It comes after an investor...
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Source: New York Post


18:14, April 12, 2017 Reuters

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