magazine publisher Time Inc instead, including titles like People. It may not have been the ideal option: Meredith's shares have slipped by a third over five years, while Nexstar's have nearly tripled.
At least Monday's deal pegs the valuation of Meredith's TV properties at a higher multiple than Media General's back then and brings in some cash. It's a small victory for Meredith boss Tom Harty to savor as he makes the best of what's left.
jennifersaba Meredith once proudly known as a printing, publishing, and broadcasting company now is stuck as just a couple of p's
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