Time Magazine Sold to Salesforce Founder Marc Benioff for $190 Million

Sep 16, 2018
Nearly eight months after Meredith Corp. MDP -0.57% completed its purchase of Time Inc., the publisher has agreed to sell Time magazine for $190 million to Marc Benioff, co-founder of Salesforce.com , CRM -0.44% and his wife Lynne Benioff.
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