On the MoveTop NewsM&AMeredith jumps 16% on report IAC is in purchase talksSep. 23, 2021 6:52 PM ETGray Television, Inc. (GTN) Stock, IAC StockBy: Jason Aycock, SA News Editor26 Comments Drew Angerer/Getty Images News Meredith (NYSE:MDP) has jumped 16% after hours on the report that Barry Diller and his IAC/InterActiveCorp (NASDAQ:IAC) have their eye on buying the publisher. IAC is in advanced talks to acquire Meredith and its lifestyle brands, including People and Better Homes & Gardens, The Wall Street Journal reports. IAC is up 0.2% postmarket. The deal is said to be valued at more than $2.5 billion. IAC has pulled ahead of another group bidding that includes The Najafi Cos., and a deal could come in the coming days (or yet fall apart), according to the report. Recommended For YouRelated StocksSymbolLast Price% ChgIACIAC--GTNGTN--1D5D1M6M1Y5Y10YCompareTrending AnalysisTrending News