With the news that Meredith Corp. (MDP) has made a $2.8 billion bet to acquire Time (TIME) in a deal backed by Koch Brothers, it's important to note that Time encompasses more than 100 different brands and publications.
Meredith has agreed to pay $18.50 a share in cash when the deal is expected to close at some point in the first quarter.
As the owner of Better Homes & Gardens, Meredith is no stranger to the neighborhood newsstand.
Will your favorite magazine thrive under a new owner or has Time just turned another page in a suffering print media industry?
Watch More with TheStreet:
- Walmart Deserves to Be Part of the Future: CEO Doug McMillon
- Millennials (Some) Eat at IHOP
- Even With Amazon, Online Shopping Is Still Small Compared to Brick-and-Mortar
- How to Pick the Perfect Port Wine for Your Holiday Dinner