First Takes: Media General to Acquire Meredith in $2.4B Deal


McDermott client Meredith Corporation relied on the Firm’s advice to enter a $2.4 billion merger deal with Media General Inc. The deal will combine Media’s television and digital platforms and Meredith’s magazine lineup (including Better Homes & Gardens, Allrecipes, Parents and Shape) into a media conglomerate with revenues of $3 billion.