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      Question

      The Meredith Corporation recently acquired which of the

      following companies?
      A Unilever Correct Answer Incorrect Answer
      B HudsonтАЩs Bay Co. Correct Answer Incorrect Answer
      C Time Inc Correct Answer Incorrect Answer
      D Qualcomm Correct Answer Incorrect Answer
      E Faber Correct Answer Incorrect Answer

      Solution

      The Meredith Corporation тАФ the owner of Family Circle, Better Homes and Gardens and AllRecipes тАФ agreed to purchase Time Inc. in an all-cash transaction valued at nearly $3 billion. The deal was made possible, in part, by an infusion of $650 million from the private equity arm of Charles G. and David H. Koch, the billionaire brothers known for using their wealth and political connections to advance conservative causes.

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