Thai business tycoon buys Fortune magazine for $150 million
over 5 years in NY Post
Publishing giant Meredith said it has reached a deal to sell Fortune magazine for $150 million to a Thai business tycoon. The buyer, Chatchaval Jiaravanon, has appointed veteran editorial director Allan Murray to be the president and CEO, Meredith said. Jiaravnon is affiliated with the Thailand-based conglomerate Charoen Pokphand Group, which has holdings in agriculture,...