Time Magazine Sold to Salesforce Founder Marc Benioff for $190 Million

Time Magazine Sold to Salesforce Founder Marc Benioff for $190 Million

Time Magazine Sold to Salesforce Founder Marc Benioff for $190 Million

Time magazine will have a new home. Nearly eight months after Meredith Corp. completed its purchase of Time Inc., the publisher has agreed to sell Time magazine for $190 million to Marc Benioff, co-founder of Salesforce.com, and his wife Lynne Benioff. The proposed sale is expected to close within 30 days.


 


 

 

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