On the Record · Hawkeye Acquisition (formerly Meredith)
Hawkeye Acquisition (formerly Meredith) acquisitions, on the record
The businesses Hawkeye Acquisition (formerly Meredith) bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
Time Inc. (Time)Word for word“On January 31, 2018, Meredith completed its acquisition of Time Inc. (Time), which is now a wholly-owned subsidiary of Meredith.” 10-K for 2019 | acquisition | January 31, 2018 | — |
TIME media brandWord for word“On October 31, 2018, the Company closed on the sale of the TIME media brand and on December 21, 2018, the Company closed on the sale of the Fortune media brand.” 10-K for 2019 | divestiture | October 31, 2018 | — |
Fortune media brandWord for word“On October 31, 2018, the Company closed on the sale of the TIME media brand and on December 21, 2018, the Company closed on the sale of the Fortune media brand.” 10-K for 2019 | divestiture | December 21, 2018 | — |
Linfield Media, LLCWord for word“On February 28, 2019, Meredith acquired 100 percent of the membership interests in Linfield Media, LLC, a marketing business focused on online savings and deals.” 10-K for 2019 | acquisition | February 28, 2019 | — |
SI brand (Sports Illustrated)Word for word“The second step of the transaction to complete the sale of the SI brand is expected to close in the first quarter of fiscal 2020.” 10-K for 2019 | agreed divestiture | — | — |
Charleston Tennis LLC 30 percent interestWord for word“The increase in fiscal 2019 non-operating income, net related primarily to our pension and other postretirement plans benefit credit and a gain on the sale of the Company's 30 percent interest in Charleston Tennis, which was sold in September 2018.” 10-K for 2019 | divestiture | September 2018 | — |
magazines.comWord for word“In September 2019, Meredith acquired magazines.com, a website that promotes, markets, and sells print and electronic magazine subscriptions.” 10-K for 2020 | acquisition | September 2019 | — |
Sports Illustrated brandWord for word“In October 2019, the second step in a two-step process to sell the Sports Illustrated brand was completed.” 10-K for 2020 | divestiture | October 2019 | — |
Money brandWord for word“Also, in October 2019, Meredith closed the sale of the Money brand, and Meredith sold its investment in Viant to Viant's founders.” 10-K for 2020 | divestiture | October 2019 | — |
FanSided brandWord for word“In January 2020, Meredith closed on the sale of the FanSided brand, and in February 2020, Meredith sold its investment in Xumo.” 10-K for 2020 | divestiture | January 2020 | — |
Stop, Breathe & ThinkWord for word“In October 2019, Meredith completed the acquisition of Stop, Breathe & Think, an emotional wellness platform intended to build the emotional strength of its users.” 10-K for 2020 | acquisition | October 2019 | — |
Charleston TennisWord for word“a gain on the sale of the Company's 30 percent interest in Charleston Tennis, which was sold in September 2018.” 10-K for 2020 | divestiture | September 2018 | — |
MeredithWord for word“As of May 3, 2021, and as amended on June 2, 2021, Meredith, Gray Television, Inc. (Gray), and Gray Hawkeye Stations, Inc., a wholly-owned subsidiary of Gray, entered into a definitive merger agreement pursuant to which Gray will acquire Meredith for $2.825 billion (the Merger) immediately after and subject to the consummation of the Spin-Off (as described below).” 10-K for 2021 | agreed acquisition | As of May 3, 2021, and as amended on June 2, 2021 | $2.825 billion |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Cash received from selling businesses | Goodwill from acquisitions |
|---|---|---|---|
| 2016-06-30 | $8.2 million | — | $1.2 million |
| 2017-06-30 | $84.4 million | $0 | $24.3 million |
| 2018-06-30 | $2.79 billion | $0 | $1.06 billion |
| 2019-06-30 | $18.4 million | $90 million | $11.4 million |
| 2020-06-30 | $23.1 million | $0 | — |
| 2021-06-30 | $0 | $0 | — |
Deal filings since 2016
- 2021-12-01 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2021-10-07 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-06-03 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-05-03 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-06-30 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-06-22 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-03-21 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-03-21 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2018-01-31 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-01-31 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2017-11-27 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-01-27 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from Hawkeye Acquisition (formerly Meredith)’s annual reports (10-K for 2021, 10-K for 2020, 10-K for 2019) and the financial data it files with the SEC, as of 2021-09-10. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.