Market Overview

Time Inc. to Buy AmEx Publishing, No Terms Disclosed

Related AXP
Watch These 7 Huge Put Purchases In Thursday Trade
Benzinga's Option Alert Recap From February 15
TrueCar Breaks Out, Hits 21-Month High As Earnings, Guidance Beat (Investor's Business Daily)

Time Inc. and American Express Company (NYSE: AXP) today announced an agreement for Time Inc. to acquire American Express Publishing Corporation. The sale is expected to be completed in the fourth quarter of 2013, subject to satisfaction of customary closing conditions. American Express Publishing, with brands including Travel + Leisure and Food & Wine, will become a wholly-owned subsidiary of Time Inc.

Posted-In: News Asset Sales M&A


Related Articles (AXP)

View Comments and Join the Discussion!