Negotiations for the sale of the three other publications Fortune, Money and Sports Illustrated are in progress.
International News: Time Magazine is being sold by Meredith Corp to Marc Benioff, a co-founder of Salesforce, and his wife.
The Wall Street Journal reported that the iconic news magazine is being sold for $190 million to Benioff, one of four co-founders of Salesforce, a cloud computing pioneer.
The sale is occurring nearly eight months after Meredith Corp. completed its purchase of Time Inc.
Meredith, the publisher of such magazines as People and Better Homes & Gardens, had put four Time Inc publications up for sale in March.
Negotiations for the sale of the three other publications Fortune, Money and Sports Illustrated are in..... continue reading
The Wall Street Journal reported that the iconic news magazine is being sold for $190 million to Benioff, one of four co-founders of Salesforce, a cloud computing pioneer.
The sale is occurring nearly eight months after Meredith Corp. completed its purchase of Time Inc.
Time Magazine
Meredith, the publisher of such magazines as People and Better Homes & Gardens, had put four Time Inc publications up for sale in March.
Negotiations for the sale of the three other publications Fortune, Money and Sports Illustrated are in..... continue reading
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