INVESTOR ALERT: Levi & Korsinsky, LLP Reminds Investors Of An Investigation Concerning Whether The Sale Of Time Inc. To Meredith Corporation For $18.50 Per Share Is Fair To Shareholders

The following statement is being issued by Levi & Korsinsky, LLP:

To: All Persons or Entities who purchased Time Inc. ("Time" or the "Company") (NYSE: TIME) stock  prior to November 26, 2017 .

You are hereby notified that Levi & Korsinsky, LLP has commenced an  investigation into the  fairness of the sale of Time to Meredith Corporation (NYSE: MDP). Under the terms of the transaction, Time shareholders will receive $18.50 in cash for each share of Time stock they own. To learn more about the action and your rights,  go to:

http://www.zlk.com/mna/time-inc

or contact Joseph E. Levi, Esq. either via email at  jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972.  There is no cost or obligation to you.

The investigation concerns whether the Board of Time breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether Meredith Corporation is underpaying for Time shares, thus unlawfully harming Time shareholders.

Levi & Korsinsky is a national firm with offices in New York, Connecticut, California, and Washington D.C. The firm's attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities lawsuits and have  recovered hundreds of millions of dollars for aggrieved shareholders. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.

View source version on businesswire.com: http://www.businesswire.com/news/home/20171130006212/en/

Copyright Business Wire 2010

More from Press Releases

NFL Pushes for Regulation Following Supreme Court's Sports Gambling Ruling

NFL Pushes for Regulation Following Supreme Court's Sports Gambling Ruling

21st Century Fox Scoops Up Local News Stations

21st Century Fox Scoops Up Local News Stations

Walmart CEO: 'We Are Transforming Globally' With Flipkart

Walmart CEO: 'We Are Transforming Globally' With Flipkart

Three-Part FREE Webinar Series

Three-Part FREE Webinar Series

March 24 Full-Day Course Offering: Professional Approach to Trading SPX

March 24 Full-Day Course Offering: Professional Approach to Trading SPX