What Is IAC Planning With Its Acquisition of Magazine Publisher Meredith?

·8 min read

IAC/Interactive Corp (NASDAQ: IAC) recently announced a deal to acquire the publishing segment of media company Meredith (NYSE: MDP). IAC has a good track record coaxing growth out of its online brands, and this acquisition could be promising as well. IAC, formerly known as Interactive Corp, but this is Barry Diller's company.

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