Meredith To Be Acquired By IAC Dotdash for $2.7 Billion

Meredith’s portfolio includes publications like People, InStyle and Real Simple

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IAC Dotdash is acquiring Meredith Corporation in an all-cash deal valued at $2.7 billion dollars, the companies announced Wednesday.

Dotdash is the publishing division of Barry Diller’s IAC holding company.

Meredith’s wide-ranging portfolio includes publications like People, InStyle and Real Simple.

The combined company will be called Dotdash Meredith.

More to come…

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