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Media NewsTuesday, May 24
Gruner + Jahr Sells Four Magazines to MeredithGruner + Jahr said Tuesday it will sell four of its six U.S. magazines—Family Circle, Parents, Child and Fitness—to Meredith Corp. for $350 million. Under the terms of Tuesday's deal, G+J also will have the option to sell Inc. and Fast Company to Des Moines, Iowa-based Meredith, which publishes Better Homes and Gardens, Ladies' Home Journal, and others. G+J to Sell Four Magazines to Meredith [AP via WaPo] Email This Post |
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