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Media M&A image Media M&A » By The Online Investor Staff, updated Thu., Mar. 28, 6:39 PM Recent mergers and acquisitions in the Media M&A category.

Slide #27. Meredith Corporation KMOV-TV

Acquirer: Meredith Corporation (MDP)
Acquiree: KMOV-TV
Details: Gannett Co., Inc. (NYSE: GCI) and Sander Media LLC announced today they have completed the previously announced sale of KMOV-TV in St. Louis, MO, to Meredith Corporation (NYSE: MDP), following the receipt of regulatory approvals.

Meredith is a media company. Co. uses multiple media platforms including print, digital, video, audio, and broadcast television to provide consumers with content and to deliver the messages of its advertising and marketing partners. Co. operates two segments: national media, which includes national consumer media brands delivered across print magazines, digital media, brand licensing activities, performance marketing, database-related activities, affinity marketing, business-to-business marketing products and services, and other related operations; and local media, which consists of various television stations located across the U.S. focused on markets with related digital media assets.

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Company Name: 
Meredith Corp
Stock buyback: 
MDP buyback
Website: 
www.meredith.com
Sector: 
Publishing & Printing
 

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Buy (2.67 out of 4)
100th percentile
(ranked higher than approx. 100% of all stocks covered)

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MDP Stock Forecast

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