{"id":52709,"date":"2017-11-16T07:18:52","date_gmt":"2017-11-16T07:18:52","guid":{"rendered":"https:\/\/www.biphoo.com\/bipnews\/?p=52709"},"modified":"2017-11-16T07:18:52","modified_gmt":"2017-11-16T07:18:52","slug":"meredith-time-inc-restart-deal-talks-with-koch-brothers-support","status":"publish","type":"post","link":"https:\/\/www.biphoo.com\/bipnews\/business\/meredith-time-inc-restart-deal-talks-with-koch-brothers-support.html","title":{"rendered":"Meredith Time Inc restart deal talks with Koch brothers support"},"content":{"rendered":"<h2 style=\"text-align: justify\"><span style=\"font-size: 18pt\"><strong><span style=\"font-family: Arial, Helvetica, sans-serif\">Meredith Time Inc restart deal talks with Koch brothers support<\/span><\/strong><\/span><\/h2>\n<p style=\"text-align: justify\"><span style=\"font-family: Arial, Helvetica, sans-serif;font-size: 14pt\">Meredith Time Inc restart deal talks with Koch brothers support: Time Inc is in talks with Meredith Corp again to sell itself in a potential deal backed by billionaire brothers Charles Koch and David Koch, the New York Times reported.<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-family: Arial, Helvetica, sans-serif;font-size: 14pt\">The new round of negotiations, helped by the surprise entry of the Kochs, could lead to a quick deal, the paper said.<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-family: Arial, Helvetica, sans-serif;font-size: 14pt\">The Koch brothers have tentatively agreed to support Meredith&#8217;s offer by investing more than $500 million, the paper said, citing people involved in the matter. nyti.ms\/2jtX3LG<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-family: Arial, Helvetica, sans-serif;font-size: 14pt\">The companies and Koch brothers were not immediately available for comment outside regular business hours.<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-family: Arial, Helvetica, sans-serif;font-size: 14pt\">Deal talks between Time, the publisher of Time and People magazines, and Meredith, the publisher of Better Homes &amp; Gardens and Family Circle magazines, had collapsed in April.<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-family: Arial, Helvetica, sans-serif;font-size: 8pt\">Source:http:\/\/www.reuters.com\/article\/us-time-m-a-meredith\/meredith-time-inc-restart-deal-talks-with-koch-brothers-support-nyt-idUSKBN1DG0D5<\/span><\/p>\n<div class=\"fb-background-color\">\n\t\t\t  <div \n\t\t\t  \tclass = \"fb-comments\" \n\t\t\t  \tdata-href = \"https:\/\/www.biphoo.com\/bipnews\/business\/meredith-time-inc-restart-deal-talks-with-koch-brothers-support.html\"\n\t\t\t  \tdata-numposts = \"10\"\n\t\t\t  \tdata-lazy = \"true\"\n\t\t\t\tdata-colorscheme = \"light\"\n\t\t\t\tdata-order-by = \"social\"\n\t\t\t\tdata-mobile=true>\n\t\t\t  <\/div><\/div>\n\t\t  <style>\n\t\t    .fb-background-color {\n\t\t\t\tbackground: #ffffff !important;\n\t\t\t}\n\t\t\t.fb_iframe_widget_fluid_desktop iframe {\n\t\t\t    width: 630px !important;\n\t\t\t}\n\t\t  <\/style>\n\t\t  ","protected":false},"excerpt":{"rendered":"<p>Meredith Time Inc restart deal talks with Koch brothers support Meredith Time Inc restart deal talks with Koch brothers support: Time Inc is in talks with Meredith Corp again to sell itself in a potential deal backed by billionaire brothers Charles Koch and David Koch, the New York Times reported. 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