Ad Practitioners Announces Acquisition of MONEY.COM
Meredith Corporation (MDP)
Last meredith corporation earnings: 2/6 08:00 am
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US:NYSE Investor Relations:
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Source: PR Newswire
DORADO, Puerto Rico, Oct. 22, 2019 /PRNewswire/ -- Ad Practitioners, LLC has acquired MONEY.COM and related assets (MONEY), a trusted source of financial advice since 1972, from Meredith Corporation (NYSE: MDP).Whether refinancing a home, shopping for a yoga mat, insuring a car, or saving for retirement, consumers rely on Ad Practitioners to connect them with the products and services that enrich, de-risk and simplify their lives. The acquisition of MONEY further strengthens Ad Practitioners' ability to serve its audience by adding a trusted and historic voice to its portfolio of digital brands."We are incredibly excited to open a new chapter in MONEY's almost 50-year conversation with consumers," said Gregory Powel, CEO of Ad Practitioners. "As a lifelong reader and fan of MONEY, I'm committed to investing in this iconic brand and realizing its full potential."Meredith Chief Development Officer John Zieser added, "We are pleased to find a great home for the MONEY brand and wish all p
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