Barry Diller’s IAC in talks to buy People magazine publisher Meredith

Barry Diller’s IAC is in advanced talks to acquire Meredith, the publisher of magazines such as People, InStyle and Real Simple, according to a report. The deal, which is estimated to be valued at more than $2.5 billion, would broaden IAC’s stable of online publications, which include Brides, Serious Eats and TripSavvy, The Wall Street…
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