Marc and Lynne Benioff ink $190M acquisition of Time magazine

over 5 years in NY Post

Billionaire internet entrepreneur Marc Benioff and his wife Lynn completed the $190 million acquisition of Time magazine from Meredith on Thursday. Time Editor-in-chief Ed Felsenthal is expected to stay in the job. The Benioffs have signed an agreement to keep the title based in the former Time Inc. headquarters—now Meredith’s New York office—on Liberty Street...

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