Meredith buys Shape from America Media Inc for $60 Million

The sale price, revealed during Meredith’s earnings call today, is $60 million up front, with a profit sharing arrangement that will be paid out in Meredith’s fiscal 2018, estimated to be 3.5 times first-year cash flow. Also included in the deal are Shape’s digital assets, as well as the digital assets for Natural Health and […]

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