Meredith Corp. has extended the period of its bid to acquire Time Inc.
The company said in a statement that its acquisition will now elapse by the 30th of January, 2017.
About Meredith Corp.
Meredith Corporation, a publicly held media and marketing services company founded upon serving our customers and committed to building value for our shareholders. Our cornerstone is knowledge of the home, family, food and lifestyle markets. From that, we have built businesses that serve well-defined audiences, deliver the messages of advertisers, and extend our brand franchises and expertise to related markets. Our products and services distinguish themselves on the basis of quality, customer service, and value that can be trusted.