US magazine publisher Time Inc will be bought by rival media company Meredith Corporation for $2.8bn (£2.1bn). The deal is backed by the billionaire brothers Charles and David Koch, who are known ...

Meredith Corp. — the media brand’s parent company ... current slate of brands and products — including the namesake magazine and “A-List” travel advisor network.

Benioff and his wife, Lynne, bought Time from Meredith Corp. six years ago for $190 million. Earlier this month, Time named President-elect Donald Trump as its person of the year. Benioff said the ...