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The Wall Street Journal: Sports Illustrated may be bought for $110 million by owner of Nautica, Juicy Couture

Licensing company Authentic Brands Group LLC has emerged as a leading contender to buy Sports Illustrated from Meredith Corp., according to people familiar with the matter. The price is said to be about $110 million, the people said.

If a deal is struck, it isn’t expected to include FanSided, a sports and entertainment network of more than 300 websites that was acquired by Time Inc. in 2015 for less than $15 million, people familiar with the transaction said. It is possible the discussions between Meredith MDP, -0.10% and Authentic Brands won’t lead to a deal. One of the people familiar with the talks described them as “early days,” but another person said that Meredith hopes to have a sales agreement in place next month.

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