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    Meredith Corp. To Sell 'Time' Magazine To Salesforce Founder For $190 Million

    Almost eight months after Meredith finalized its purchase of Time Inc., the publishing giant says it reached a deal to sell Time magazine to tech billionaire Marc Benioff and his wife Lynne Benioff.
    by Emma Bowman Sep 16, 2018 1 minute
    Almost eight months after Meredith finalized its purchase of Time Inc., the publishing giant says it reached a deal to sell <em>Time</em> magazine to tech billionaire Marc Benioff and his wife Lynne Benioff.

    Meredith Corp. said Sunday it has reached a "definitive agreement" to sell Time magazine to Salesforce founder and tech billionaire Marc Benioff and his wife Lynne Benioff for $190 million.

    The deal, by , comes almost eight months after Meredith finalized its purchase of Time Inc.

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