|Bid||150.00 x 1300|
|Ask||153.60 x 1000|
|Day's Range||150.78 - 154.40|
|52 Week Range||106.63 - 174.68|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||82.56|
|Earnings Date||Nov 02, 2021 - Nov 08, 2021|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Nov 10, 2015|
|1y Target Est||173.22|
Shares of Meredith Corporation (NYSE: MDP) shot through the roof Friday, surging as much as 31.1%. Reports emerged late yesterday that the magazine publisher was in advanced talks to be acquired by IAC/InterActiveCorp (NASDAQ: IAC) in a deal valued at $2.5 billion. Owning Meredith, the publisher of such high-profile magazines as People, Better Homes & Gardens, InStyle, Entertainment Weekly, and Martha Stewart Living, would be a good fit for IAC.
Match Group (NASDAQ: MTCH) announced today that it has agreed to sell shares of its common stock (the "Shares") in a registered direct offering (the "Registered Direct Offering"). The price per share and the number of shares of common stock to be issued will be determined based upon a volume-weighted average price per share of common stock during a five (5) day averaging period commencing September 24, 2021. The Registered Direct Offering is expected to close on October 4, 2021.
Match Group (NASDAQ: MTCH) announced today that its indirect wholly owned subsidiary, Match Group Holdings II, LLC (the "Issuer") has agreed to sell $500.0 million aggregate principal amount of 3.625% senior notes due 2031 (the "Notes") in a private offering (the "Notes Offering"). The Notes Offering is expected to close on October 4, 2021.