Meredith to Acquire G + J For $350 Million

After overpaying for Fast Company, becoming embroiled in Rosie O’Donnell’s freaked out life and getting caught inflation its circulation figured for Rosie and YM, G + J has thrown in the towel and is selling itself to Meredith Corporation. Meredith, who will become the country’s second largest publisher behind Time Inc. after the acquisition, will get G + J’s Parents, Child, Fitness and Family Circle. G + J will try to sell Fast Company and and Inc. on its own before June 30, the date the Meredith/G + J deal finalizes.

Orchestrating the deal was G + J’s Russell Denson who is said to be the master of prepping publishing companies for sale.

Picture of Steve Hall

Steve Hall

RECENT ARTICLES

TRENDING AROUND THE WEB

People who still separate their laundry into whites, darks, and colors even though modern detergent doesn’t require it display these 9 traits that psychologists say reveal a deeper need for order that has nothing to do with clean clothes

People who still separate their laundry into whites, darks, and colors even though modern detergent doesn’t require it display these 9 traits that psychologists say reveal a deeper need for order that has nothing to do with clean clothes

Global English Editing

I spent my twenties becoming the professional my parents could brag about — it took my thirties to figure out who I actually was underneath that

I spent my twenties becoming the professional my parents could brag about — it took my thirties to figure out who I actually was underneath that

Global English Editing

Psychology says the reason some people become quieter as their relationship progresses isn’t maturity or comfort — it’s that they’ve run thousands of tiny experiments and learned which parts of themselves are allowed and which aren’t

Psychology says the reason some people become quieter as their relationship progresses isn’t maturity or comfort — it’s that they’ve run thousands of tiny experiments and learned which parts of themselves are allowed and which aren’t

Global English Editing

Psychology says over-70s who keep teaching themselves new things aren’t defying age — they’re expressing a specific trait that was either built in childhood or quietly lost there, and that almost no amount of motivation or intention can manufacture if it was the latter

Psychology says over-70s who keep teaching themselves new things aren’t defying age — they’re expressing a specific trait that was either built in childhood or quietly lost there, and that almost no amount of motivation or intention can manufacture if it was the latter

Global English Editing

I’m 65 and I’ve run every single morning for four years since retiring — and the honest truth is I’m not running toward health or longevity, I’m running away from the terrifying silence of a house where nobody needs me anymore

I’m 65 and I’ve run every single morning for four years since retiring — and the honest truth is I’m not running toward health or longevity, I’m running away from the terrifying silence of a house where nobody needs me anymore

Global English Editing

I used to think my boomer parents’ silence meant they didn’t understand me — at 38, I’m starting to think it meant they understood more than I gave them credit for

I used to think my boomer parents’ silence meant they didn’t understand me — at 38, I’m starting to think it meant they understood more than I gave them credit for

Global English Editing