Meredith to join IAC digital publishing division Dotdash following $2.7bn takeover - NewsBreak
By Austine in Business
Updated 3 years ago
US media conglomerate Meredith is to be subsumed into the digital publishing arm of InterActiveCorp (IAC), owner of dozens of popular online brands, in a $2.7bn agreement. The deal will see Meredith Corp folded into IAC's digital publishing arm Dotdash, uniting properties such as Lifewire and Liqor.com with Meredith's extensive selection of lifestyle brands such as People, Better Homes & Gardens and Midwest Living.
