Meredith Corporation (MDP) stock prices updated...
 

Meredith Corporation stock price

Meredith Corporation latest news:


  • 01/29/2018 13:44:11

    Meredith names new CEO as part of its succession plan

    Magazine and broadcasting company Meredith is shuffling its top executives into new roles as it works to integrate its Time Inc.'s portfolio of magazines

  • 01/19/2018 14:28:59

    BRIEF-Meredith Corp Announces Pricing Of Senior Notes

    Meredith Corp(MDP): * MEREDITH CORPORATION ANNOUNCES PRICING OF SENIOR NOTES AND ALLOCATION OF SENIOR CREDIT FACILITIES. * Meredith Corp(MDP) - ‍PRICED AT 6.875% ITS OFFERING OF $1.4 BILLION SENIOR UNSECURED NOTES DUE 2026​. * Meredith Corp (MDP) - ‍ALSO ANNOUNCED THAT IT HAS ALLOCATED $2.15 BILLION OF SECURED CREDIT FACILITIES​ Source text for Eikon: Further company coverage:

  • 11/30/2017 13:39:43

    Time Inc. sells 'Sunset' lifestyle brand to private equity firm

    Time Inc. said on Thursday that it's selling its "Sunset" lifestyle brand to Los Angeles-based private equity firm Regent L.P. "Sunset," a monthly print publication, covers travel, food, wine and home and garden as a lifestyle magazine of the American West. The sale of "Sunset" comes after news magazine publisher Meredith Corp. has proposed a $2.8 billion acquisition of Time Inc. The "Time" and "Sports Illustrated" publisher has been struggling to make up for its declining print business. Time has said it plans to target more than $400 million in cost savings as it sells off assets and focuses on its core brands. Shares of Time are up nearly 4% in the year to date, while the S&P 500 index is up more than 18% and the Dow Jones Industrial Average is up more than 21%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 11/27/2017 12:30:41

    Time Inc.'s bonds rally along with stock after Meredith deal

    Bonds issued by Time Inc. rallied Monday, after Meredith Corp. which publishes "Better Homes & Gardens," proposed a deal over the weekend to buy Time in an acquisition valued at $2.8 billion. CreditSights analysts upgraded the bonds to market perform from underperform, but said they would struggle to go to an outright outperform recommendation, given the strong run-up in the bonds since the deal was first mooted. "We continue to see limited opportunity for further price appreciation and would be cautious adding exposure at these levels," analyst Karen Klapper wrote in commentary. Time's most active bonds, the 7.500% notes that mature in October of 2025 were last quoted at 111.162 cents on the dollar to yield 4.484%, or at a yield spread of 306 basis points over comparable Treasurys, according to MarketAxess. That was up about 3 points from Friday. Shares were last up 9%, while the S&P 500 was flat. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 11/27/2017 10:30:54

    BRIEF-Meredith Corp plans to cut hundreds of jobs after acquisition of Time Inc- FT

    * Meredith Corp plans to cut hundreds of jobs after its acquisition Of Time Inc - FT, citing sources

  • 11/27/2017 10:17:43

    Meredith is buying Time Inc. for $1.8 billion

    U.S. media conglomerate Meredith is buying Time Inc for an all-cash deal of $1.84 billion dollars.        

  • 11/26/2017 23:45:18

    Time Magazine sold in Koch-backed deal

    The $2.8bn offer from media firm Meredith is backed by conservative activist businessmen Charles and David Koch.

  • 11/26/2017 22:03:47

    Meredith Corp. Buys Time Inc. In Koch-Backed Deal

    In a long-elusive acquisition for Meredith, the two magazine giants have struck a $2.8-billion deal, that joins two vastly different media portfolios.

  • 11/26/2017 19:13:57

    UPDATE 6-Meredith to buy U.S. publisher Time in Koch-backed deal

    * Including debt, deal values Time at $2.8 billion (Adds that Time Inc owns People Magazine)

  • 11/26/2017 18:52:00

    PRESS DIGEST- Financial Times - Nov 27

    The following are the top stories in the Financial Times. Headlines. Big pharma to unveil 1 bln stg boost for May's post-Brexit vision http://on.ft.com/2jq88cH. Meredith and Koch brothers buy Time Inc (TIME) in $2.8 bln deal http://on.ft.com/2joYjvR. ChemChina's chief dealmaker joins Beijing fund http://on.ft.com/2jqeMjo. Overview.

  • 11/26/2017 17:39:34

    Meredith buying Time Inc. for about $1.8 billion

    Meredith Corp. says it is buying Time Inc. for about $1.8 billion in a deal that joins two giant magazine companies.

  • 11/26/2017 17:09:09

    Meredith to buy U.S. publisher Time in Koch-backed deal

    U.S. media company Meredith Corp (MDP) said on Sunday it will buy Time Inc (TIME), the publisher of Sports Illustrated and Fortune magazines, in a $1.84 billion all-cash deal backed by conservative billionaire brothers Charles and David Koch. The deal is a coup for Meredith, which held unsuccessful talks to buy Time earlier this year and in 2013.

  • 11/26/2017 17:08:46

    UPDATE 4-Meredith to buy U.S. publisher Time in Koch-backed deal

    Nov 26 (Reuters) - U.S. media company Meredith Corp said on Sunday it will buy Time Inc, the publisher of Sports Illustrated and Fortune magazines, in a $1.84 billion all-cash deal backed by conservative billionaire brothers Charles and David Koch.

  • 11/26/2017 17:02:37

    BRIEF-Time Inc to be acquired by Meredith Corp for $18.50 per share

    Time Inc(TIME): * TIME INC TO BE ACQUIRED BY MEREDITH CORPORATION. * DEAL WITH MEREDITH SUBJECT TO CUSTOMARY CLOSING CONDITIONS AND REGULATORY APPROVALS.

  • 11/26/2017 16:40:15

    Meredith to buy Time Inc. for $1.85 billion: report

    Meredith Corp. has agreed to a deal to buy Time Inc. in a magazine-industry consolidation valued at $1.85 billion, the Wall Street Journal reported Sunday. The Journal reported that Iowa-based Meredith has agreed to pay $18.50 a share in cash -- a 46% premium from Time's stock at the time acquisition talks were first reported on Nov. 15. On Friday, Time shares closed at $16.90. Time shares jumped 2% in after-hours trading Sunday, and Meredith rose 1.3%. The bid by Meredith, which publishes Better Homes and Gardens and Martha Stewart Living, among others, is reportedly backed by the billionaire Koch brothers. It is unclear how much influence the Kochs would have on Time, which includes Time magazine, People, Sports Illustrated and Entertainment Weekly among its stable of publications.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 11/26/2017 16:04:10

    UPDATE 3-Meredith nears Koch-backed deal to buy U.S. publisher Time -sources

    * Koch brothers are two of the world's richest men (Recasts lead, adds background on the companies)

  • 11/26/2017 15:28:28

    Meredith closes in on $1.8 billion deal to buy Time Inc.: report

    Meredith Corp. is nearing a deal to buy Time Inc. in a magazine-industry consolidation that could be valued at more than $1.8 billion, the Wall Street Journal reported Sunday. The Journal reported that Iowa-based Meredith has agreed to pay $18 to $19 a share -- at least a 42% premium from Time's stock at the time acquisition talks were first reported on Nov. 15. On Friday, Time shares closed at $16.90. The bid by Meredith, which publishes Better Homes and Gardens and Martha Stewart Living, among others, is reportedly backed by the billionaire Koch brothers. It is unclear how much influence the Kochs would have on Time, which includes Time magazine, People, Sports Illustrated and Entertainment Weekly among its stable of publications.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

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