Meredith Corporation & Subsidiaries - Page 3

                                        - 3 -                                         
               At the time the petition was filed, petitioner's principal             
          place of business was Des Moines, Iowa.                                     
               A motion for summary judgment or for partial summary                   
          judgment may be granted if no genuine issue of material fact                
          exists and the decision can be rendered as a matter of law.  Rule           
          121; Sundstrand Corp. & Consol. Subs. v. Commissioner, 98 T.C.              
          518, 520 (1992), affd. 17 F.3d 965 (7th Cir. 1994); Shiosaki v.             
          Commissioner, 61 T.C. 861, 862-863 (1974).  In their respective             
          Statements of Undisputed Facts, the parties have agreed to fully            
          incorporate the stipulation of facts that is part of the record             
          in Meredith Corp. & Subs. v. Commissioner, 102 T.C. 406 (1994)              
          (Meredith I).  The parties have also agreed to fully incorporate            
          the facts as set forth in the Court's Opinion in Meredith I.                
          This reference incorporates herein the Statements of Undisputed             
          Facts and attached exhibits.  As such, there is no genuine issue            
          of material fact, and this matter is ripe for resolution by means           
          of summary judgment.  We shall repeat the facts as necessary to             
          clarify the ensuing discussion.                                             
               Meredith Corporation (petitioner or Meredith) was organized            
          in 1902.  It is a diversified media company involved in magazine            
          and book publishing, television broadcasting, real estate                   
          marketing, franchising, and until recently, printing.  Meredith             
          has continued to expand its operations in the media industry over           

Page:  Previous  1  2  3  4  5  6  7  8  9  10  11  12  13  14  15  16  17  18  Next

Last modified: May 25, 2011