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IAC Meredith Deal: Background, analysis, and industry reaction

As we reported last week, InterActiveCorp (IAC) is to acquire Meredith Corporation in a US$2.7bn deal. The move sees components from the Nasdaq and NYSE-listed companies merge to form new entity, Dotdash Meredith. Here, we take a look at the background behind the deal, some of its key details, and how the industry has reacted. ....

New York , United States , Des Moines , Colin Morrison , Laura Landry Forman , Axel Springer , Rockerfeller Plaza , James Hewes , Dotdash Meredith , Neil Vogel , Tom Harty , Samir Husni , Axel Springer International , Sports Illustrated , Media Group , National Media Group , Publisher Of Precision Media Group , Time Inc , Meredith Corporation , Time Magazine , Gray Television , Magazine Consulting Research Inc , Eastern Europe , Future Plc , Dennis Publishing , Local Media Group ,