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 The Najafi Cos.
Earlier this year, Meredith agreed to sell its local TV business to Gray Television Inc. Now, the decision to sell off the rest of the company would mark a major highlight.
Read more here.
The Indianapolis Business Journal is looking for our next news editor, a role that focuses…
Axios has chosen Ben Berkowitz to be its next managing editor of business and markets.…
Business Insider editor in chief Jamie Heller sent out the following on Monday: I'm thrilled…
Rest of World editor in chief Anup Kaphle sent out the following on Monday: We are excited…
The Financial Times has hired Veena Venugopal as its India newsletter editor. She has been working at…
Benjamin Parkin has been named Middle East and Africa news editor at the Financial Times, based…