Edition: United States  
One News Page
“Probably the fastest-access news portal in the world”
> >

Time Inc. Said to Spurn Takeover Approach by Bronfman, Kreiz

Newsmax Edgar Bronfman, Jr.Edgar Bronfman, Jr.
Tuesday, 29 November 2016 ()

Time Inc., the iconic magazine publisher that's trying to reinvent itself, spurned a recent takeover offer for as much as $2 billion from investors Edgar Bronfman Jr. and Ynon Kreiz, according to a person familiar with the matter.
0
shares
Share on
Facebook
Share on
Twitter
Post on 
Reddit
Share by
Email
 
Source: The Street - < > Embed

News video: Jim Cramer: Time Inc. Too Challenged to Be Choosy

Jim Cramer: Time Inc. Too Challenged to Be Choosy 00:49

Time Inc. is too challenged to be choosy when it comes to suitors, said TheStreet's Jim Cramer. Time's shares gained over 17% Monday after its board didn't accept a buyout offer of $18 a share from Edgar Bronfman Jr. Bronfman is reported to have worked with Access Industries and Ynon Kreiz, a Israeli...

You Might Like


Recent related news

Time Inc. Is Said to Turn Away From a Takeover by Edgar Bronfman

Mr. Bronfman and Access Industries, the owner of Warner Music, had bid at least $18 a share recently, a person briefed on the matter said.
NYTimes.com - Business

Time Inc shares skyrocketed after a billionaire reportedly offered to buy it (TIME)

Time Inc shares skyrocketed after a billionaire reportedly offered to buy it (TIME)
Time Inc, the publisher of People, Fortune, and Sports Illustrated magazines, has rejected a takeover bid from the billionaire investor Edgar Bronfman Jr., the...
Business Insider - TechnologyAlso reported by •bizjournalsBillboard.comUSATODAY.comCNNMoney

Time Inc. Rejected $18-a-Share Overtures From Bronfman-Led Group

Time Inc. rejected two overtures from Edgar Bronfman Jr. and Access Industries that offered at least $18 per share for the country’s largest magazine...
Wall Street Journal - Business

Meredith May Enter Bidding For Time Inc.

As the Time Inc. drama played out for a second day, some media insiders were betting that Meredith Corp. will soon enter the fray and trigger a potential bidding...
TVNewsCheck - Entertainment

Sirius reapproaches Pandora for a takeover - source

(Reuters) - Satellite radio company Sirius XM Holdings Inc's Chairman Greg Maffei recently made a fresh approach to internet radio provider Pandora Media Inc and...
Reuters India - TechnologyAlso reported by •Reuters

Other recent news in Money

UNEMPLOYMENT Rate Falls to 9-Year Low as Workforce Participation DropsYour Money: You’re Buying a Home. Have You Considered CLIMATE CHANGE?
Mark Cuban to Testify at Senate Hearing on AT&T-TIME WARNER DealJOBS REPORT fast facts: What it means to you
9 tips to making the HOLIDAY SEASON the most productive time of year10 shows to binge on Netflix when you finish the GILMORE GIRLS revival
Massive 'Avalanche' 180-country CYBERCRIME bustWSJ: 'Shakedown' of Carrier Short-Term VICTORY for Trump, Workers
US blocks China's Fujian from buying AIXTRON4 things you need TO KNOW before buying a laptop

Twitter

Environmentally friendly: One News Page is hosted on servers powered solely by renewable energy
© 2016 One News Page Ltd. All Rights Reserved.  |  About us  |  Disclaimer  |  Press Room  |  Terms & Conditions  |  Privacy Policy  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  Help  |  Contact us  |  DMCA / Content Removal
How are we doing? Send us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter   FIND us on Google+