IAC’s Dotdash to Acquire Meredith for $ 2.7 Billion Acquisition

Dotdash, the digital publisher owned by the IAC, announced Wednesday night that it has entered into an agreement to acquire Meredith Corp., a holding company whose titles include iconic properties such as People, Southern Living and Better Homes & Gardens. Dotdash will buy Meredith at a price of $ 42.18 per. Stock, representing a total transaction cost of $ 2.7 …

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