|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||18.48 - 18.55|
|52 Week Range||9.90 - 19.70|
|PE Ratio (TTM)||N/A|
|Earnings Date||Feb 14, 2018 - Feb 19, 2018|
|Forward Dividend & Yield||0.16 (0.86%)|
|1y Target Est||17.38|
As a result, Meredith plans to complete the transaction – first announced on November 26, 2017 – within the next 30 days, subject to satisfaction of the other terms and conditions of the tender offer.
The Offer will now expire one minute after 11:59 p.m. (Eastern Time) on January 25, 2018, per terms of the merger agreement, unless further extended. All other terms and conditions of the Offer remain unchanged. Computershare Trust Company, N.A., the depository for the Offer, has advised Meredith that as of the close of business (Eastern Time) on January 10, 2018, approximately 59,024,324 shares of common stock of Time (not including 4,812,404 shares tendered by notice of guaranteed delivery for which shares have not yet been delivered) have been validly tendered and not properly withdrawn pursuant to the Offer, representing approximately 58.7% of the outstanding shares of common stock of Time.
You’ve read the news, we’re giving you the takes! Time Inc.’s next generation global entertainment network, PeopleTV, confirms plans to launch a new interactive, nightly series, The Chatter, which is built exclusively for the Twitter audience.
NEW YORK, Jan. 8, 2018 /PRNewswire/ -- WeissLaw LLP announced that a class action was commenced in the United States District Court for the Southern District of New York on behalf of shareholders of Time, Inc. ("Time") (TIME) seeking to pursue remedies under the Securities Exchange Act of 1934 (the "Exchange Act") in connection with the proposed acquisition of Time by Meredith Corporation ("Meredith") (MDP). On November 26, 2017, Time and Meredith announced that they had entered into a definitive agreement pursuant to which Meredith will acquire all outstanding shares of Time in a cash transaction valued at approximately $2.8 billion ("Proposed Transaction").
Rating Action: Moody's assigns B1 CFR to Meredith Corp., outlook is stable. Global Credit Research- 04 Jan 2018. New York, January 04, 2018-- Moody's Investors Service, assigned a B1 Corporate Family Rating ...
Time Inc. has sold Essence, the monthly African-American women’s lifestyle magazine, to a company formed by Sundial Brands co-founder Richelieu Dennis.
Time Inc. agreed to sell Essence Magazine. The acquiring entity, Essence Ventures, announced that it would buy the "multi-platform media company Essence Communications Inc." from New York-based Time for an undisclosed price. Essence president Michelle Ebanks will continue at the helm of the new company and join its board of directors.
Time magazine named “The Silence Breakers” as its 2017 person of the year on Wednesday, referring to the many individuals who helped expose the prevalence of sexual harassment and gender discrimination ...
NEW YORK, NY / ACCESSWIRE / December 20, 2017 / Juan Monteverde , founder and managing partner at Monteverde & Associates PC , a boutique securities firm headquartered at the Empire State Building in New ...
Rating Action: Moody's changes Koch Resources' and Flint Hills' outlooks to stable. Global Credit Research- 18 Dec 2017. New York, December 18, 2017-- Moody's Investors Service, changed Koch Resources ...
Qello Global, a global content monetization and distribution platform, today announced a deal with Time Inc. to distribute video content from their portfolio of brands throughout Asia.
NEW YORK, NY / ACCESSWIRE / December 12, 2017 / Juan Monteverde , founder and managing partner at Monteverde & Associates PC , a boutique securities firm headquartered at the Empire State Building in New ...
The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Index (PMI) data, output in the Consumer Services sector is rising.
A Time Inc. executive said the Meredith acquisition boosts the firm's digital business and offers it a fighting chance against tech giants.
Today, TIME, published by Time Inc., names “The Silence Breakers” the 2017 Person of the Year.time.com/poy#TIMEPOY
Tech giants are winning with digital advertising without spending on content, making it tough for media firms, says Fortune President Alan Murray.
Alan Murray, president of Fortune, says the women who broke the silence on sexual harassment have sparked a "sea change" in American society.