Time Inc has been sold to rival media group Meredith Corporation in a deal valued at $2.8bn and backed by the Koch brothers, giving the conservative billionaires a stake in one of America’s best-known publishers.
Time Inc has been sold to rival media group Meredith Corporation in a deal valued at $2.8bn and backed by the Koch brothers, giving the conservative billionaires a stake in one of America’s best-known publishers.