Your email has been successfully added to our mailing list.

×
0 0.00256410256410266 0.00413675213675221 0 0.00854700854700855 0.0196581196581198 0.0213675213675214 0.0213675213675214
Stock impact report

Report: Koch brothers behind bid for Time Inc. [CBS News]

Meredith Corporation (MDP) 
Last meredith corporation earnings: 2/6 08:00 am Check Earnings Report
US:NYSE Investor Relations: ir.meredith.com/investors/default.aspx
Company Research Source: CBS News
Time Inc. is considering a sale to fellow publisher Meredith Corp., according to media reports. The New York Times initially reported that the New York-based publisher of Time and People is involved in a new round of negotiations with Meredith, the publisher of Family Circle and Better Homes and Gardens. The report, based on anonymous sources, also says that billionaire brothers Charles G. and David H. Koch are backing Meredith's offer with more than $500 million in equity. Meredith is based in Des Moines, Iowa. The negotiations come after talks earlier this year produced no deal. Another deal in 2013 between the publishers also collapsed. In morning trading, Time Inc. ( TIME ) shares rallied more than 26 percent to $15.96. Meredith ( MDP ) shares added 5.6 percent, to $57.28. © 2017 CBS Interactive Inc. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. The Associated Press contributed to this rep Show less Read more
Impact Snapshot
Event Time:
MDP
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for MDP alerts
Opt-in for
MDP alerts

from News Quantified
Opt-in for
MDP alerts

from News Quantified