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Meredith (MDP) is reportedly the potential acquirer of the bulk of Time Warner's (TWX) 21...

Meredith (MDP) is reportedly the potential acquirer of the bulk of Time Warner's (TWX) 21 magazine titles, including People and Entertainment Weekly. Alternatively, because Meredith couldn't afford a speculated price of $2.4-2.9B for Time Inc., the publications of both would be placed in a new company in which Time Warner shareholders would own 2/3 and Meredith investors the rest. (previous)
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