|Bid||0.00 x N/A|
|Ask||0.00 x N/A|
|Day's range||41.09 - 41.09|
|52-week range||41.09 - 41.09|
|Beta (5Y monthly)||2.39|
|PE ratio (TTM)||23.57|
|Earnings date||11 Aug 2021 - 16 Aug 2021|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
Does Meredith Corporation (MDP) have what it takes to be a top stock pick for momentum investors? Let's find out.
As of late, it has definitely been a great time to be an investor in Meredith Corporation (MDP).
Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF") are investigating the proposed sale of Meredith Corporation’s Local Media Group (NYSE: MDP) to Gray Television, Inc. (NYSE: GTN). Under the terms of the proposed transaction, shareholders of Meredith will receive $14.50 in cash for each share of Meredith that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.