IAC's Dotdash to buy magazine publisher Meredith in $2.7 bln deal - NewsBreak
By Olachi in Business
Updated 3 years ago
Oct 6 (Reuters) - IAC's (IAC.O) digital media arm Dotdash on Wednesday agreed to buy Meredith Corp (MDP.N) in a deal valued at about $2.7 billion, bringing titles such as People, Allrecipes and Investopedia under one umbrella. The combined company is to be called Dotdash Meredith and will be led...