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Meredith buying Time Inc for $1.8bn
Associated Press, Published on 27/11/2017
» NEW YORK: Meredith Corp announced Sunday that it is buying Time Inc for about $1.8 billion, a deal CEO Stephen Lacy called "a transformative and financially compelling growth opportunity" that joins two giant magazine companies.
Chicago magazine vendor fights back
Business, Associated Press, Published on 13/10/2015
» CHICAGO: A cable TV ad salesman by day, Matt Smerge had hoped to join in the Chicago Cubs' smashing success this year -- the 19th selling his own, low-budget baseball magazine for $2 a copy right outside Wrigley Field. Nearly all the profits, he says, go into a college fund for his teenage son.