Meredith scores extra $125 million in renegotiated deal with Gray Television
Des Moines Register: Des Moines-based Meredith Corp. just got $125 million richer. The media company announced Thursday that it had renegotiated a deal to sell its TV stations, increasing the sticker price to $2.825 billion. The buyer, Gray Television, agreed to the hike from the original $2.7 billion after Meredith officials informed Gray they had received an “unsolicited proposal” from another potential buyer. Meredith did not disclose who tried to outbid Gray.
Facebook Notice for EU! You need to login to view and post FB Comments!