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    Categories: Hollywood party

Time Inc., Meredith Reportedly Near Deal For Magazine Assets In Koch-Backed Sale

The boards of Time Inc. and the Meredith Corporation are reportedly meeting this evening to conclude a deal that would sell Time’s magazine behemoth for $19 to $20 per share. Time Inc. publishes Time magazine, Sports Illustrated and People magazine. Meredith publishes Family Circle and Better Homes and Gardens. … Read entire story.

Source: Deadline

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