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Qsp

Time Inc. Strange Buy: Acquiring Reader’s Digest School Funding Raising Unit QSP For $110 Million

Aug 7, 2008 3:34 PM

Huh. No, really…get school-aged kids to flog magazines door to door to bolster revenues. Time Inc. has bought out QSP, a school and youth groups fundraising company that was part of Reader’s Digest Association, for $110 million in cash. RD is owned by PE firm Ripplewood Holdings. For Time Inc,…

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Posted In: Media & Publishing, Magazines, Money, M&A & Venture Capital, Mergers & Acquisitions, Companies, Time Warner, Time Inc., qsp

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