Meredith Corp. To Sell 'Time' Magazine To Salesforce Founder For $190 Million
Almost eight months after Meredith finalized its purchase of Time Inc., the publishing giant says it reached a deal to sell Time magazine to tech billionaire Marc Benioff and his wife Lynne Benioff.
by Emma Bowman
Sep 16, 2018
1 minute
Meredith Corp. said Sunday it has reached a "definitive agreement" to sell Time magazine to Salesforce founder and tech billionaire Marc Benioff and his wife Lynne Benioff for $190 million.
The deal, by , comes almost eight months after Meredith finalized its purchase of Time Inc.
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