The most recent increase happened in February 2019, when Meredith's Board of Directors increased it by 5.5 percent. Meredith has a strong history of returning a growing amount of cash to shareholders, paying a dividend for 72 consecutive years and increasing its dividend for 26 years straight. Meredith'sNational Media Groupreaches over 180 million unduplicated American consumers every month, including nearly 90 percent of U.S. millennial women. Meredith shareholders approved four proposals, all of which were supported by the Board. Meredith is the No. Readers are cautioned not to place undue reliance on these forward-looking statements that speak only as of the date hereof. from 8 AM - 9 PM ET. Meredith's premium digital network reaches more than 150 million consumers each month. Meredith's National Media Group reaches nearly 95 percent of all U.S. women and more than 190 million unduplicated American consumers every month through such iconic brands as PEOPLE, Better Homes & Gardens, Allrecipes, Southern Living, and REAL SIMPLE. DES MOINES, Iowa, Nov. 9, 2021 /PRNewswire/ --Meredith Corporation (NYSE: MDP) (the "Company" or "Meredith") announced today that its Board of Directors has approved the distribution (the "Distribution") of (i) one share of Meredith Holdings Corporation ("New Meredith") common stock for each share of common stock of the Company and (ii) one share of New Meredith class B common stock for each share of class B stock of the Company held of record as of November 19, 2021 (the "Record Date"). As previously announced, following the consummation of the Distribution and Gray Merger, New Meredith is expected to become a subsidiary of Dotdash Media Inc. ("Dotdash") pursuant to the Agreement and Plan of Merger, dated as of October 6, 2021 (the "Dotdash Merger Agreement"), by and among the Company, New Meredith, Dotdash, Mercury Sub Inc., and IAC/InterActiveCorp ("IAC") (the "Dotdash Merger"). Cautionary Statement Regarding Forward-Looking Statements. Meredith's portfolio is concentrated in large, fast-growing markets, with seven stations in the nation's Top 25 markets, including Atlanta, Phoenix, St. Louis and Portland, and 13 stations in the Top 50. Since launching its Total Shareholder Return strategy in October 2011, Meredith has increased its annual dividend by $1.28, a 125 percent increase. "On behalf of the Board of Directors and the Meredith family, I would like to thank Steve for the 22 years of relentless passion, dedication and commitment to excellence he delivered in service of MeredithCorporation," said Vice Chairman Mell MeredithFrazier. When the symbol you want to add appears, add it to My Quotes by selecting it and pressing Enter/Return. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. Meredith has a strong history of returning a growing amount of cash to shareholders, paying a dividend for 72 consecutive . Report Locked. Harty succeeds Stephen M. Lacy, who is retiring from Meredith's Board after 16 years ofservice as a Director. Tallett currently serves as Chair of Anthem Inc. and is a member of the boards at Moderna Inc., Qiagen Inc.,and Principal Financial Group. Pursuant to the merger agreement, Meredith stockholders will receive $42.18 in cash for each share of Meredith common stock owned. Accordingly, the firm is investigating all relevant aspects of the deal and is committed to securing the best result possible for AspenTechs stockholders. Factors that could cause actual results to differ materially from those projected in the forward-looking statements include the following: receipt of and evaluation of additional unsolicited proposals; market conditions; the impact of the COVID-19 pandemic; the parties' ability to consummate the proposed merger and spin-off; the conditions to the completion of the transactions, including the receipt of approval of Meredith's shareholders; the regulatory approvals required for the proposed merger not being obtained on the terms expected or on the anticipated schedule; the parties' ability to meet expectations regarding the timing, completion and accounting and tax treatments of the transactions; potential inability to retain key employees; the ability to obtain financing on the expected terms; changes in interest rates; the consequences of acquisitions and/or dispositions; and Meredith's ability to comply with the terms of its debt financing; and market conditions. The deal is scheduled to close in the fourth quarter of 2021. 86% of retail CFD accounts lose money, Registration on or use of this site constitutes acceptance of our, Approval of Advisory Resolution on Executive Compensation Discussion & Analysis, Amendment & Restatement to Meredith Corporation Employee Stock Purchase Plan, Ratification of Appointment of Independent Registered Public Accounting Firm, Amendment to Restated Articles of Incorporation. The documents filed by the Company may also be obtained for free from the Company's Investor Relations web site (http://ir.meredith.com) or by directing a request to the Company's Shareholder/Financial Analyst contact, Mike Lovell, Executive Director of Corporate Communications, at 515-284-3622. ABOUT MEREDITH CORPORATIONMeredith Corporationhas been committed to service journalism for more than 117 years. Forward-looking statements can be identified by words such as may, should, expects, provides, anticipates, assumes, can, will, meets, could, likely, intends, might, predicts, seeks, would, believes, estimates, plans, continues, guidance, or outlook, or variations of these words or similar expressions. Create your Watchlist to save your favorite quotes on Nasdaq.com. Meredith is a leader in creating content across media platforms and life stages in key consumer interest areas such as entertainment, food, lifestyle, parenting and home. The Local Media segment consists of 14 owned television stations, such as 7 CBS affiliates, 3 FOX affiliates, 2 MyNetworkTV affiliates, 1 NBC affiliate, and 1 independent station, as well. View original content to download multimedia:http://www.prnewswire.com/news-releases/meredith-corporation-board-of-directors-elects-thomas-harty-chairman-and-elizabeth-tallett-lead-independent-director-301171324.html. Meredith's Local Media Group portfolio includes 17 television stations reaching 11 percent of U.S. households and 30 million viewers. Meredith also features robust brand licensing activities including more than 3,000 SKUs of branded products at 4,000 Walmart stores across the U.S. and at walmart.com. Before joining Discovery, Baer served as a senior advisor to President Bill Clinton, including roles as White House Director of Strategic Planning and Communications and Chief Speechwriter. announces to investors that it is investigating potential claims on behalf of stockholders of Meredith Corporation (NYSE:. Meredith's stations produce more than 700 hours of local news and entertainment content each week, and operate leading local digital destinations. In addition, New Meredith has filed the Registration Statement with respect to its common stock. Report Locked. The dividend will be payable on September 13, 2019, to shareholders of record on August 30, 2019. Today, Meredith uses multiple distribution platformsincluding broadcast television, print, digital, mobile and videoto provide consumers with content they desire and to deliver the messages of its advertising and marketing partners. Our leaders empower all of us to bring more to the table for employees, consumers, investors and the communities we call home. Before that, Baer was a journalist at U.S. News & World Report and The American Lawyer, and a media lawyer in New York City. View original content to download multimedia:http://www.prnewswire.com/news-releases/meredith-corporation-board-of-directors-elects-thomas-harty-chairman-and-elizabeth-tallett-lead-independent-director-301171324.html, Plus500. Meredith's portfolio is concentrated in large, fast-growing markets, with seven stations in the nation's Top 25 markets, including Atlanta, Phoenix, St. Louis and Portland, and 13 stations in the Top 50. Human Resource and Compensation Committee, http://www.prnewswire.com/news-releases/meredith-corporation-board-of-directors-elects-thomas-harty-chairman-and-elizabeth-tallett-lead-independent-director-301171324.html, Do Not Sell My Personal Information (CA Residents Only), Approval of Advisory Resolution on Executive Compensation Discussion & Analysis, Ratification of Appointment of Independent Registered Public Accounting Firm, Amendment to Restated Articles of Incorporation. Meet our board of directors, an elite team that prides themselves in AED & the services & information we provide for heavy equipment distributors. Meredith Corporationhas been committed to service journalism for more than 115 years. When typing in this field, a list of search results will appear and be automatically updated as you type. Today, Meredith uses multiple distribution platforms-including broadcast television, print, digital, mobile and video-to provide consumers with content they desire and to deliver the messages of its advertising and marketing partners. Since launching its Total Shareholder Return strategy in October 2011, Meredith has increased its annual dividend by $1.28, a 125 percent increase. Attorney advertising. The company is the No. Its publications had a readership of more than 120 million and paid circulation of more than 40 million, and its websites had nearly 135 million monthly unique visitors. . "We look forward to working together with Liz in her expanded board role at Meredith.". 2023, Nasdaq, Inc. All Rights Reserved. Chairman, Board of Directors May 2019 to present; previous: Director, Chair of Compensation/HR (May 2017-2109), Member of Audit/Finance Committee; Nom/Gov Committee Director Meredith Corporation This company has a Corporate Social Responsibility Report available to view on our partner site, ResponsibilityReports.com, Meredith Corporation operates as a diversified media company that focuses primarily on the home and family marketplace in the United States. Type a symbol or company name. About Bragar Eagel & Squire, P.C. DES MOINES, Iowa, Feb. 5, 2020 /PRNewswire/ --Meredith Corporation (NYSE:MDP) announced today that the Meredith Board of Directors has elected Donald A. Baer as Lead Independent Director, effective Feb. 1, 2020. Meredith's portfolio is concentrated in large, fast-growing markets, with seven stations in the nation's Top 25 markets including Atlanta, Phoenix, St. Louis and Portland and 13 in the Top 50. Bragar Eagel & Squire is concerned that AspenTechs board of directors oversaw an unfair process and ultimately agreed to an inadequate merger agreement. The consummation of the Dotdash Merger is subject to receipt of certain regulatory approvals and other closing conditions as provided in the Dotdash Merger Agreement. from 8 AM - 9 PM ET. Other information regarding the participants and description of their direct and indirect interests, by security holdings or otherwise, will be contained in the Proxy Statement and the Registration Statement regarding the proposed Gray Merger, Dotdash Merger and Distribution that the Company and New Meredith have filed with the SEC. "Liz brings broad board and independent director experience to Meredith, supported by a career focused on operational and strategic leadership roles at large and complex organizations in the consumer products and biopharmaceutical industries," said Harty. The Registration Statement is subject to amendment and completion and has not yet been declared effective by the SEC. Harty, a member of Meredith Corporation's Board of Directors since 2017, will also retain his post as President and Chief Executive Officer. In connection with the proposed merger and spin-off, the Company has filed relevant materials with the SEC, including a proxy statement (File No. For more information about the firm, please visit www.bespc.com. Our Board of Directors is critical to the growth and development of our employees, our consistent returns to shareholders and the long-term success of the company. We reach consumers where they are across multiple platforms including digital, video, print, and broadcast television. NEW YORK, Oct. 21, 2021 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C. Tallett was elected to serve as a Class III Director with a term expiring in 2022. 1 U.S. magazine operator with 36 million subscribers, and the No. DES MOINES, Iowa, Aug. 8, 2019 /PRNewswire/ --The Meredith Corporation (NYSE:MDP;www.meredith.com) Board of Directors yesterday declared a regular quarterly dividend of $0.575 per share, or $2.30 on an annual basis. /PRNewswire/ -- The Meredith Corporation (NYSE:MDP; www.meredith.com) Board of Directors today declared a regular quarterly dividend of $0.52 per share, or. "We look forward to working together with Liz in her expanded board role at Meredith.". Meredith also owns MNI Targeted Media, which delivers targeted advertising solutions to more than 1,200 clients on a local, regional and national level. Beth J. Kaplan Elected Chairman of Meredith's Human Resource and Compensation Committee. Beth J. Kaplan Elected Chairman of Meredith's Human Resource and Compensation Committee. The Meredith Corporation ( NYSE:MDP; www.meredith.com) Board of Directors yesterday declared a regular quarterly dividend of $0.575 per share, or $2.30 on an annual basis. DES MOINES, Iowa, Nov. 11, 2020 /PRNewswire/ -- The Meredith Corporation (NYSE: MDP) Board of Directors announced several actions following its Annual Shareholders Meeting today: Thomas H.. Pursuant to the merger agreement, AspenTech stockholders will receive $87 in cash and 0.42 shares of Emerson common stock for each share of AspenTech common stock owned. "We look forward to working together with Don in his expanded role with the Meredith Board of Directors.". Cision Distribution 888-776-0942 Meredith also owns MNI Targeted Media, which delivers targeted advertising solutions to more than 1,200 clients on a local, regional and national level. Additional Information and Where to Find It. Kaplan joins Mell Meredith Frasier (Nominating/Governance) and Donald C. Berg (Audit) as Meredith Board Committee chairs. Immediately following the Distribution, the Company (then holding only the local media group) is expected to become a subsidiary of Gray Television, Inc. ("Gray") pursuant to the previously-announced Agreement and Plan of Merger, dated as of May 3, 2021 (as amended, the "Gray Merger Agreement"), by and among the Company, Gray, and Gray Hawkeye Stations, Inc. (the "Gray Merger"). Meredith is a leader in creating content across media platforms and life stages in key consumer interest areas such as entertainment, food, lifestyle, parenting and home. Click the button below to request a report when hardcopies become available. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American, Approval of Advisory Resolution on Executive Compensation Discussion & Analysis, Amendment & Restatement to Meredith Corporation Employee Stock Purchase Plan, Ratification of Appointment of Independent Registered Public Accounting Firm, Amendment to Restated Articles of Incorporation. Meredith's stations produce more than 700 hours of local news and entertainment content each week, and operate leading local digital destinations. Meredith's Local Media Group includes 17 television stations reaching 11 percent of U.S. households and 30 million viewers. Elizabeth E. Tallett, Donald C. Berg and Gregory Coleman Elected to New Board Terms. Bragar Eagel & Squire Meredith has a strong history of returning a growing amount of cash to shareholders, paying a dividend for 72 consecutive years and increasing its dividend for 26 years straight. Former Chairman of the Board, President and Chief Executive Officer Meredith Corporation . In her new role, she will collaborate with Chairman Harty and Vice Chairman Frazier on setting agendas for Board meetings, including executive sessions; facilitate discussion among the independent directors on key issues outside of Board meetings; and provide advice and counsel to the Board as requested. Outsmart the market with Smart Portfolio analytical tools powered by TipRanks. Type a symbol or company name. DES MOINES, Iowa, Nov. 11, 2020 /PRNewswire/ -- The Meredith Corporation (NYSE:MDP) Board of Directors announced several actions following its Ann. The consummation of the Gray Merger is subject to certain closing conditions as provided in the Gray Merger Agreement, including approval by the Company's shareholders at a special meeting scheduled to be held on November 30, 2021 and receipt of approval from the Federal Communications Commission. Meredith's premium digital network reaches more than 150 million consumers each month. Baer, 65, is the Founder and CEO of Palisades Strategic Advisors and former CEO and Worldwide Chair of Burson-Marsteller, where he served on the senior leadership team for 12 years, including the last two as Global Chair of BCW following a 2018 merger with Cohn & Wolfe. The Meredith Corporation (NYSE:MDP) Board of Directors announced several actions following its Annual Shareholders Meeting today: Thomas H. Harty Elected Chairman and Elizabeth E. Tallett Elected Lead Independent Director Harty, a member of Meredith Corporation's Board of Directors since 2017, will also retain his post as President and Chief . Baer has been a member of the Meredith Board since 2014. 2023 Hormel Foods Corporation. On October 12, 2021, Columbia announced that it had entered into an agreement to merge with Umpqua in an all-stock transaction. Our Board of Directors is critical to the growth and development of our employees, our consistent returns to shareholders and the long-term success of the company. "Don's career has included leadership roles as a media and communications executive for a wide range of business, government, political and non-profit enterprises," said Lacy. Meredith continues to focus on its successful Total Shareholder Return program. "We look forward to working together with Liz in her expanded board role at Meredith.". To learn more about the AspenTech investigation go to: https://bespc.com/cases/azpn. is a nationally recognized law firm with offices in New York, California, and South Carolina. Meredith's dividend currently yields more than 4 percent. These were: Meredith Corporation(MDP: NYSE), a leading media company for nearly 120 years, produces service journalism that engages audiences with essential, inspiring and trusted content. Contact Information President's Office 2nd Floor, Johnson Hall 3800 Hillsborough Street Raleigh, NC 27607 (919) 760-8511 president@meredith.edu Accordingly, the firm is investigating all relevant aspects of the deal and is committed to securing the best result possible for Columbias stockholders. 2 global licensor with robust brand licensing activities that include a Better Homes & Gardens partnership with Walmart. Meredith Corporation has been committed to service journalism for 118 years. MOST RECENT 2021 Annual Report. Hormel Foods 45-Day Satisfaction Guarantee, California Transparency in Supply Chains Act of 2010. Contact Information:Bragar Eagel & Squire, P.C.Brandon Walker, Esq. Baer has been a member of the Meredith Board since 2014. CHESTERBROOK, Pa., Dec. 13, 2021 /PRNewswire/ -- Boomi, the intelligent connectivity and automation leader, today announced that its Board of Directors has appointed David Meredith as Chief . Tallett currently serves as Chair of Anthem Inc. and is a member of the boards at Moderna Inc., Qiagen Inc.,and Principal Financial Group. Cision Distribution 888-776-0942 He became President and Chief Operating Officer of . Cision Distribution 888-776-0942 When typing in this field, a list of search results will appear and be automatically updated as you type. "Liz brings broad board and independent director experience to Meredith, supported by a career focused on operational and strategic leadership roles at large and complex organizations in the consumer products and biopharmaceutical industries," said Harty. Tallett has been a member of the Meredith Board since 2008. To learn more about the Meredith Corporation investigation go to: http://bespc.com/cases/iac. The company is the No. Meredith Corporation has reached its limit for free report views. Meredith's National Media Group also includes leading affinity marketer Synapse, and The Foundry, the company's state-of-the-art creative lab and content studio. When typing in this field, a list of search results will appear and be automatically updated as you type. Accordingly, the firm is investigating all relevant aspects of the deal and is committed to securing the best result possible for Flexions stockholders. Harty succeeds Stephen M. Lacy, who is retiring from Meredith's Board after 16 years ofservice as a Director. She was Lead Independent Director at Principal until this year, and previously served in that role at Coventry Health Care Inc. Tallett's previously held senior management positions include principal of Hunter Partners, President and Chief Executive Officer of Transcell Technologies Inc., President of Centocor Pharmaceuticals, and she was a member of the Executive Committee of Parke-Davis. Baer earned a B.A. Bragar Eagel & Squire is concerned that Flexions board of directors oversaw an unfair process and ultimately agreed to an inadequate merger agreement. Meredith Corporation Board Elects Don Baer Lead Independent Director, For further information: Media Contact: Art Slusark, Chief Communications Officer (515) 284-3404; Art.Slusark@meredith.com; Shareholder/Financial Analyst Contact: Mike Lovell; Director of Investor Relations (515) 284-3622; Mike.Lovell@meredith.com, University of North Carolina at Chapel Hill, London School of Economics and Political Science.
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