UPDATE 1-IAC's Dotdash to buy Meredith Corp's National Media Group - NewsBreak

(Adds background, deal details) Oct 6 (Reuters) - IAC's digital media arm Dotdash on Wednesday agreed to buy Meredith Corp's National Media Group in a deal valued at about $2.7 billion, bringing People magazine, Allrecipes and Investopedia under one umbrella. The company said Dotdash will buy an entity that will...