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September 17, 2018 02:36 am GMT

Marc and Lynne Benioff will buy Time 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 […]

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/Z-40LxIg-AY/

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