Magazine group Meredith renews interest in fellow publisher Time Inc

Magazine group Meredith Corporation has renewed its interest in Time Inc, the publisher of People and Sports Illustrated, according to people familiar with the matter.

Meredith, whose titles include Better Homes and Gardens and Martha Stewart Living, has contacted Time Inc, but no talks have taken place, the people said. Time has also received interest from a number of private-equity groups, according to one person familiar with the discussions.

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