Meredith confirms sale of TV stations, magazine sale set to close

The majority of Meredith Corp. shareholders approved the $2.8-billion deal of selling the company’s broadcasting division to Gray Television, with Gray taking over Meredith’s 17 local TV stations, including channels in major markets. The Des Moines-based media company will also complete the sale of its magazine holdings to New York tech conglomerate IAC/Interactive Corp. With […]