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Meredith Corporation Completes Acquisition Of Every Day With Rachael Ray From Reader's Digest Association


Monday, 31 Oct 2011 11:51am EDT 

Meredith Corporation and Reader's Digest Association announced they have completed the agreement for Meredith to acquire Every Day with Rachael Ray magazine and its related digital assets. In addition, Meredith announced it has finalized a 10 year licensing agreement with Watch Entertainment Inc. for the brand. The acquisition includes the magazine. The first issue of Every Day with Rachael Ray published under the Meredith banner will be February 2012, available on newsstands in early January. Financial terms of the agreements were not disclosed. 

Company Quote

41.5
0.21 +0.51%
23 May 2013