Time magazine sold for USD 190 million to couple
Time magazine sold for USD 190 million to couple Time magazine is being sold by Meredith Corp to Marc Benioff, a co-founder of Salesforce, and his wife, the Wall Street Journal reported. The iconic news magazine is being sold for USD 190 million to Benioff, one of four co-founders of Salesforce. 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.
