Time Inc. in talks to shed most of its magazine titles, sources say

02/13/2013 | Reuters · Wall Street Journal, The

Time Inc. is reported to be in preliminary talks with Meredith Corp. about acquiring most of Time's magazines. Sources say Time Inc. would retain its premier news titles -- Time, Sports Illustrated and Fortune. Meredith would acquire all its others publications, including People, which is believed to be a good fit with the company's largely female audience and existing stable of titles such as Better Homes and Gardens and Family Circle.

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Reuters · Wall Street Journal, The