Meredith to Sell TV Stations to Gray for $2.7 Billion
Meredith is selling its TV stations to Gray Television and will focus on its national media group, including the magazines People and Better Homes & Gardens.
Author:
Meredith (
MDP) - Get Report shares rose Monday after the publisher said it would sell its broadcast TV stations to Gray Television (
The Des Moines, Iowa, company said it would now focus on its national media group, which includes magazines such as People and Better Homes & Gardens.
In addition, Meredith s premium digital network reaches more than 150 million consumers each month.
In the transaction, the national media group will be spun out to shareholders as a stand-alone publicly traded company retaining the Meredith name, the company said.
Disneyland to Reopen April 30 as California Eases COVID Rules
Disneyland will reopen April 30 at 15% capacity, though, California is now allowing theme parks to operate at up to 35% capacity.
Author:
Shares of Disney (
DIS) - Get Report jumped Wednesday after Chief Executive Bob Chapek said Disneyland would reopen on April 30.
Disney s Grand Californian Hotel and Spa will reopen April 29 with limited capacity ahead of the opening of the company s two parks in California the next day. I think as people become vaccinated, they become a little bit more confident in the fact that they can travel, and, you know, stay COVID-free, Chapek told CNBC Wednesday.