Did Meredith Make a Huge Mistake Acquiring Time Inc.?

Posted by Jack Craven CPA and Abby Leadbetter on Wed , Sep 25 , 2019

 

Last year, Meredith Corporation acquired Time Inc., the publisher of People, Time, Fortune, and many other magazines. The purchase price was $2.8 billion. The expectation was that this acquisition would bring substantial profits to Meredith. This has not been the case.

 

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