Meredith, an Overachiever in the Magazine Business, Now Finds Itself in Trouble

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Meredith was for years the under-the-radar magazine company from Des Moines that financially outperformed its flashier New-York based cousins like Condé Nast.

That relatively low profile changed three years ago when Meredith acquired Time Inc. and its cluster of famous legacy titles. Within days, Meredith had changed out the signs to put its name on Time’s Manhattan skyscraper.

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