Salesforce’s Benioff Buying Time From Meredith
Meredith said it agreed to sell Time magazine to Salesforce CEO Marc and Lynne Benioff for $190 million. The deal is expected to close in 30 days, isn't related to Salesforce and the Benioffs will keep the magazine's editorial leadership…
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intact, said a news release. Meredith plans to use proceeds to pay down debt.