Koch Equity Development commits $650 million preferred equity financing to support Meredith Corporation's $2.8 billion acquisition of Time, Inc.

Client(s) Koch Equity Development

Jones Day advised Koch Equity Development, a subsidiary of Koch Industries, Inc., in connection with its $650 million of preferred equity financing to Meredith Corporation, a media and marketing company, in connection with Meredith’s $2.8 billion acquisition of magazine publisher Time, Inc.