With Koch brothers' help, reports say

17 November, 2017, 01:22 | Author: Terri Saunders
  • Koch brothers back Meredith bid to buy Time: report

Charles G. and David H. Koch, known for their donations to the Republican Party, have joined publisher Meredith in a renewed push to buy Time, according to the New York Times.

The New York Times cited unnamed sources to say the Koch brothers have tentatively agreed to provide more than $500 million in equity on Meredith's behalf. Meredith had offered as much as $2 billion at the time before lowering its bid, people familiar with the matter said at the time.

Spokesmen for Koch Industries, Meredith and Time declined to comment. The brothers own Koch Industries, a Wichita, Kansas-based conglomerate with businesses from oil and ranching to farming and electrical component manufacturing. The Times said a deal may be announced after Thanksgiving.

India's first woman lawyer remembered
Cornelia Sorabji began to practice in Kolkata, hence becoming the first woman to practice law in India, and in Britain. She would later write about many of these cases in her work Between the Twilights and her two autobiographies.


Time, which also publishes People and Sports Illustrated, and Meredith, which publishes Family Circle and Better Homes and Gardens, have been in on-and-off negotiations since 2013.

Time was up over 25 percent in afternoon trading at $15.93, while Meredith was up over 9 percent at $59.45.

The political network overseen by Koch brothers set a spending goal of $889 million on the 2016 election.

Recommended:

  • You can read 'Deleted' WhatsApp messages; here is how

    You can read 'Deleted' WhatsApp messages; here is how

    It adds that the recipient can easily access the deleted messages regardless whether it has been deleted from sender's end. The Notification History application, as the name suggests, is a dashboard for all notifications that come to your phone.
    Yemen is suffering over failure to open ports, airports

    Yemen is suffering over failure to open ports, airports

    Even with a partial lifting of the blockade, the WFP estimates that an additional 3.2 million people will be pushed into hunger. Saudi Arabia announced it shut down all ports after a Houthi ballistic missile attack near Riyadh's worldwide airport.
    Arsenal vs Tottenham: Gunners legend Martin Keown gives his Premier League prediction

    Arsenal vs Tottenham: Gunners legend Martin Keown gives his Premier League prediction

    Although the season was not always what we wanted, we always had a trophy at the end of it". Lacazette has only completed 90 minutes once since his summer arrival from Lyon.
  • Trump to lift ban on import of elephant trophies from Africa

    Trump to lift ban on import of elephant trophies from Africa

    He argued that there is little evidence that so-called hunting regulations have a positive impact on conservation efforts. According to the United Nations, as many as 100,000 African elephants were killed between 2010 and 2012.
    Fantastic Beasts 2 Title And Young Dumbledore Revealed In First Teaser

    Fantastic Beasts 2 Title And Young Dumbledore Revealed In First Teaser

    Oh my word! What could all of this mean? There will be four newcomers that'll be joining the Crimes of Grindelwald cast. We already know that Jude Law would be playing a younger version of everyone's favorite headmaster, Albus Dumbledore .
    Train collision in Singapore leaves 25 injured

    Train collision in Singapore leaves 25 injured

    Eyewitnesses stated that the passengers of the moving train, caught off-guard, fell suddenly as the two trains made a horrific contact.
  • Aston Martin Valkyrie AMR Pro is ready for the track

    Aston Martin Valkyrie AMR Pro is ready for the track

    As writes the European press, the representatives of Aston Martin, has posted the first images of Aston Martin AMR Pro Valkyrie. When the vehicle debuts in 2020, all owners will be invited to special track events set up just for the model.
    Celebrate the Great American Smokeout by giving up smoking

    Celebrate the Great American Smokeout by giving up smoking

    He also notes that if you think that vaping is a way to help you quit smoking, you should think again. Doctors and public health officials used to encourage smokers to quit cold turkey on a single day.
    The Weeknd, Bella Hadid 'hanging out' again

    The Weeknd, Bella Hadid 'hanging out' again

    In other words, she's still figuring out if things are "quiet" for The Weeknd or if he's a homeboy who can, like, get it . News, and while things don't seem to be official yet, the flame is reportedly still going strong.
  • Blake Shelton:

    Blake Shelton: "I have been fat and ugly my whole life"

    But while an apology may have been good enough to People , it didn't cut it for a lot of social media wags. He also big-ups his son Sire, saying "He's the most important person in my life".
    Texas driver's anti-Trump sticker causes stir

    Texas driver's anti-Trump sticker causes stir

    They smile, they stop you, they want to shake your hand. "It's just our freedom of speech and we're exercising it", she said. The Anti-Media is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 3.0 International License.
    Jerry Jones is hurting the league

    Jerry Jones is hurting the league

    Jones contends that another vote of the owners is needed. "I think we have enough messes as it stands now", the owner said. Jones' lawyer didn't immediately respond to a request for comment late Wednesday. "There is no legitimate basis for Mr.


Popular

Norwegian wealth fund plans to divest of oil and gas
The proposal has to be reviewed by the Finance Ministry, which in turn needs to decide whether to propose it to parliament. The pension fund's managers said they remain anxious about the impact of falling oil prices on overall government revenue.

RIP: Rapper Lil Peep has died at the age of 21
His U.K. rep confirmed the news to The Guardian who are now suspecting that this was all due to an accidental overdose. It was rumored back at the beginning of September that he was dating Bella Thorne when the pair were caught kissing.

Apology in Japan after train departs 20 seconds early
The company in charge of the Tsukuba Express felt the need to issue a public apology for the early departure. Before the day's end, it published an official apology on its website. "After that.

Woman accuses Sen. Al Franken of unwanted kissing, groping
And the fact that my own actions have given people a good reason to doubt that makes me feel ashamed. "I couldn't believe it". Leeann Tweeden and Al Franken at the military event. "Let me tell you about one show I did", he said.

Wal-Mart Stores, Inc. (WMT) receives consensus rating of 2.40
The stock of Hilton Worldwide Holdings Inc (NYSE:HLT) has "Outperform" rating given on Monday, January 4 by Telsey Advisory Group. Sterling Inv Advsr Limited Adv holds 3,513 shares or 0.24% of its portfolio. 37,666 are owned by Woodstock Corporation.

Gigi Hadid Abruptly Drops Out Of Victoria's Secret Fashion Show
The 2017 Victoria's Secret Fashion Show will be missing one angel this year. The VS Fashion Show airs Tuesday, Nov. 28 at 10 p.m. on CBS.

Jury in Bob Menendez trial says it's deadlocked
Unable to reach an agreement, the judge said today he had "no alternative but to declare a mistrial ". Bob Menendez , D-N.J., arrives at the federal courthouse in Newark on Thursday, Nov. 16, 2017.

Russian Federation and United States at odds over keeping Syria chemical experts
Russian UN Ambassador Vassily Nebenzia said the U.S. draft resolution was not balanced. President Donald Trump on Thursday urged all members of the U.N.

China appears to have crossed Trump on North Korea
However, North Korea has been clear in its opposition to diplomatic talks that involve abandoning its nuclear program. Donald Trump canceled the trip to the North Korean Border holding bad weather as the reason.

Rotten Tomatoes Is Delaying the Reveal of the 'Justice League' Tomatometer Score
It still does all that... but at least with Justice League , they are waiting until the absolute last minute. Simmons, Willem Dafoe, Connie Nielsen, Julian Lewis Jones, and Ciarán Hinds .