Shearman And Sterling

News November 28, 2017

Meredith Corporation’s $2.8 Billion Acquisition of Time Inc.

Shearman & Sterling advised Morgan Stanley & Co. and Bank of America Merrill Lynch in their role as financial advisers to Time Inc on its $2.8 billion sale to The Meredith Corporation. The all-cash transaction was unanimously approved by the companies’ boards of directors and will close early next year.

The Team