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'Better Homes' publisher buys 'Family Circle Magazines family circle, parents, child and fitness to meredith(Mdp)For $350 million. The company, which is 75% owned by the german media conglomerate bertelsmann, is the sixthlargest magazine publisher in the united states.Operations, dan brewster.Brewster filed a lawsuit against the company accusing it of making him a scapegoat for the magazine's circulation problems. Last fall, g+j usa also gave up on trying to revive its struggling teen magazine ym and instead sold off its assets to magazine publisher moncler uk conde nast publications. Under the terms of the deal, g+j also will have the option to sell inc.And fast company to meredith, which publishes better homes and gardens, ladies' home journal and other magazines.Meredith also owns tv and radio stations. "These titles have significant upside but have underperformed in recent years,"Meredith ceo william kerr said in moncler outlet a statement.Market completely.It also owns brown printing, the fourth largest printer of magazines and catalogs in the usa. Worldwide, g+j publishes nearly 120 magazines, including stern, brigitte and national geographic in germany, along with magazines in france, austria, russia, china and eastern Cheap Moncler Women Sale UK europe. "In the next few years gruner + jahr will continue to push its expansion strategy into further acquisitions and large investments in innovation,"G+j's chairman bernd kundrun said. For meredith, moncler mens the purchase marks another effort to reach younger female readers, following its purchase of american baby magazine and several affiliated properties in 2002. That purchase"Helped us establish a foothold in this market,"Meredith chief operating officer stephen lacy said.The purchase of the four magazines from g+j will add another 30 million female readers with a median age below 35, he said.