IAC in talks to acquire magazine publisher Meredith

Barry Diller’s IAC is in talks to buy Des Moines-based magazine publisher Meredith Corp. in a deal valued at more than $2.5 billion. The deal would expand IAC’s collection of online publications and would boost its portfolio of websites. IAC has gained advantage over another group eyeing to acquire Meredith that includes Phoenix-based private-equity firm […]