The Once Mighty Time, Inc. Gobbled Up By GOP Backed Cash

The Once Mighty Time, Inc. Gobbled Up By GOP Backed Cash

The Once Mighty Time, Inc. Gobbled Up By GOP Backed Cash $MDP, $TIME, $TWX Des Moines, Iowa based Meredith Corp. (NYSE:MDP) agreed to acquire Time Inc. (NYSE:TIME) for $2.8-B including debt, swallowing the once-mighty home of Fortune and Sports Illustrated after the internet age wreaked havoc on the most prestigious magazine titles. The 18.50/share offer […]