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Meredith Corporation. Meredith Corporation was an American media conglomerate based in Des Moines, Iowa, that owned newspapers, magazines, television stations, and websites. 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.
On September 8, 2015, it was announced that Media General would acquire Meredith Corporation in a cash and stock deal valued at $2.4 billion. Pending regulatory and shareholder approval, the deal was expected to be consummated in June 2016.
IAC Inc. is an American holding company that owns brands across 100 countries, mostly in media and Internet. [2] The company originated in 1996 as HSN Inc. as the holding company of Home Shopping Network and USA Network before changing its name to USA Networks, Inc. in 1999 and its television assets were sold to Vivendi in 2002.
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A day of big media sales continued Monday with Meredith Corp., the publisher of People and InStyle, revealing that it is offloading its local media group of 17 television stations to broadcaster ...
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The stock of Meredith (NYSE:MDP, 30-year Financials) gives every indication of being modestly undervalued, according to GuruFocus Value calculation.