FTC Won't Challenge Meredith/Time
The FTC confirmed it won't challenge Meredith Corp.'s planned buy of Time Inc., after the broadcaster said Friday (see 1801120053) that U.S. antitrust overseers wouldn't try to block the deal. The commission's acknowledgement came in an early termination notice dated…
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Friday and posted Tuesday. The acquirer plans Q1 completion of the $2.8 billion transaction (see 1711270014).