April 24, 2018 / 8:14 PM / 7 months ago

BRIEF-Meredith Corp To Purchase KPLR-TV For $65 Million

April 24 (Reuters) - Meredith Corp:

* MEREDITH ADDS TO LOCAL MEDIA GROUP WITH ACQUISITION OF KPLR-TV ST. LOUIS

* MEREDITH CORP - ACQUISITION OF KPLR IS NOT EXPECTED TO HAVE A MATERIAL EFFECT ON MEREDITH’S FISCAL 2018 FINANCIAL PERFORMANCE

* MEREDITH CORP - WILL FUND ACQUISITION USING EXISTING CASH

* MEREDITH CORP - TO PURCHASE KPLR-TV FOR $65 MILLION Source text for Eikon: Further company coverage:

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