Meredith Nears Deal to Buy Time Inc With Backing of Koch Brothers (Report)

Submitted by admin on Nov 16, 2017

Third time may be the charm for media conglomerate Meredith, as the Family Circle and Better Homes and Gardens publisher is in talks to purchase Time, Inc. with the backing of billionaire conservative players Charles G. and David H. Koch, the New York Times is reporting. Negotiations have reportedly been under way for several days, with both sides hoping to reach a deal that can be announced as soon as the end of November.¬†According to the Times, the Koch brothers have agreed tentatively to back Meredith with more than $500 million in equity. Also Read: AT&T Just Lost $16.5 Billion…

Page 3 of 26112345...102030...Last »

Call 877-433-6277

CALL NOW TO TALK WITH A LICENSED INVESTIGATOR

NATIONWIDE PROCESS SERVICE is a proud partner of: