Why Meredith is Eager to Get Back in M&A Hunt


MeredithMeredith Chairman and CEO Stephen Lacy isn’t sitting still after the termination of the merger agreement with Media General.

Indeed, Lacy told Wall Street analysts Wednesday the $60M in cash breakup fee “is in our bank account.”

There were several things Meredith was restricted from doing to help the company financially that it’s now free to do.

Click here to Login & view the full article & read our famous RBR+TVBR observation (Not a member? Join Today!)