Marc and Lynne Benioff will buy Times magazine from Meredith for $190M

Another tech billionaire will scoop up a major news outlet. Meredith Corporation, which acquired Time Inc. in January, announced today that it has agreed to sell its eponymous magazine to Salesforce.com co-founder Marc Benioff and his wife Lynne Benioff for $190 million in cash. Meredith said in March that it planned to sell Time, Sports […] https://ift.tt/2MDnEyK Catherine Shu September 17, 2018 at 12:00AM