Magazines. Private equity firm TPG Capital is entering the bidding for the purchase of Meredith Corp’s Sports Illustrated along with reported interest from News Corp, who are allegedly more interested in its digital property FanSided, and Ulysses Bridgeman a former NBA player. Meredith was reported to be looking for a price of $150m and a completion date in June for the magazine it acquired as part of its takeover of Time Inc.
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TPG bids for Sports Illustrated
