Meredith Corp. and an investor group led by Edgar Bronfman Jr. have advanced in their pursuit of Time Inc. as the publisher explores a possible sale, according to people familiar with the situation. Meredith, which publishes such magazines as Family Circle, Shape and Better Homes & Gardens, in recent days signed a nondisclosure agreement with Time Inc. and is expected in coming weeks to get a look at some of the company’s data...

Source: Wall Street Journal February 08, 2017 00:33 UTC