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The iconic magazine publisher has entered nondisclosure agreements with Meredith, an Edgar Bronfman group and other parties as it begins negotiations that could lead to a sale of the company.
Investors at the close of trading on Feb. 6 will qualify for the payment on Feb. 23.
Beth Kaplan, Leading Brand Marketing Executive, Elected to Meredith Board of Directors
Here are Thursday's top research calls, including upgrades for Alibaba and Estee Lauder, and downgrades for Mattel and Meredith.
Agreement Extends Affiliation for Four CBS Affiliated Television Stations Owned and Operated by Meredith in Atlanta, Phoenix, Kansas City and Flint
More Women are Pursuing Permanent Lifestyle Eating Changes Over Fad Diets
Investors in Meredith Corp saw new options become available today, for the September 15th expiration. One of the key data points that goes into the price an option buyer is willing to pay, is the time value, so with 235 days until expiration the newly available contracts represent a potential opportunity for sellers of puts or calls to achieve a higher premium than would be available for the contracts with a closer expiration.
The company's board will open talks with potential acquirers, setting the stage for a likely sale of the publisher of Fortune, People and Sports Illustrated.
Millennial "Firsts" are Focused on Building Home Equity and Doing Home Improvements Themselves
Time shares continued their two-month surge on a report that Meredith remains interested in a potential merger with the publisher of Fortune, Sports Illustrated and People.
The venerable publisher is at yet another crossroads, and once again, it is turning to the lawyer-turned-banker for advice.
New Identity System Reflects Expansion Across Multiple Media and Brand Platforms
The publishing company has tapped Morgan Stanley and Bank of America to help field buyer interest, according to reports.
Wall Street was torn in two with the energy sector marching the Dow Jones Industrial Average higher, while health care and tech weighed on the Nasdaq.
The storied publisher has reportedly been fielding takeover offers, and one potential acquirer could be Meredith, which previously tried to buy Time Inc's titles back in 2013.
The Allrecipes Skill Offers Home Cooks Hands-Free Access to More Than 60,000 Recipes and Guides Them Through Every Step of the Cooking Process Using Only Their Voice
November/December 2016 Issue Caps Year of Growth Including Frozen Food Line and New Cookbook
Company has paid a regular quarterly dividend for 69 consecutive years
As presidential ad campaign spending drops for many stations, tight down-ticket races are broadcasters' best hope.
Leading Publisher and Global Programmatic Technology Platform Collaborate to Bring Programmatic Media to Digital Shopper Marketing, Driving ROAS and Measurable In-Store Lift for CPG Brands
Original Distribution Increased by 50 Percent in Response to High Consumer Demand
New Lifestyle Magazine Based On Powerhouse Magnolia Brand Now Available Nationwide