Dotdash: Dotdash Acquires Meredith Corporation in $2.7 Billion All-Cash Transaction - NewsBreak

Meredith Corporation (MDP) shares popped to over $58.28 per share after news that the company's digital and magazine business is being acquired by Dotdash, the publishing arm of Barry Diller's InterActiveCorp (IAC). What happens to Meredith shares after the Dotdash acquisition?. Article continues below advertisement. Under the $2.7 billion all-cash...