Friday 29 March 2024
 
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Media company

Meredith to acquire Time in $2.8bn all-cash deal

US media company Meredith Corp said on Sunday that it has entered into a binding agreement to acquire all outstanding shares of Time Inc. for $18.50 per share in an all-cash transaction valued at $2.8 billion.  The transactio

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Primedia in strategic deal with Saudi firm

Bahrain-based media company Primedia International has tied up with Saudi consulting firm Joatha Business Development Consultants. "This joint venture develops Primedia's presence in Saudi Arabia's booming business community," said Primedi

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