Time Warner may get about $1.7B for Time Inc. if assets excluded, NY Post says

theflyonthewall.com

Time Warner’s (TWX) talks to spin off and sell most of Time Inc. to Meredith (MDP), which began last fall, may speed up now that they are out in the open, according to The New York Post, citing industry insiders. If Time, Sports Illustrated and Fortune are excluded from the deal, the price may be near $1.7B, compared to the $2.5B-$3B the entire company might have fetched, the Post report added.

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