Turmoil in the Garden of Meredith - September 2015 M&A Activity
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The once-lauded symbiotic relationship between print and broadcast media has wilted and seems destined for the compost heap. The last significant bastion of the print/broadcast synergistic strategy, Meredith Corporation, has agreed to be acquired by Media General. If all the media pundits opining about the deal are correct, Media General is after the 17 local TV stations that Meredith owns and will weed out the printed publications within short order.
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