It seems every few months a headline emerges about Time Inc. and whether or not acquisition talks have begun or stalled. Today the New York Times reports that the ailing media company is once again in talks with the magazine publisher Meredith about a potential purchase. What’s more, the infamous conservative billionaires Charles G. Koch …
Continue reading “The Koch brothers may be backing a Time Inc. acquisition”
It seems every few months a headline emerges about Time Inc. and whether or not acquisition talks have begun or stalled. Today the New York Times reports that the ailing media company is once again in talks with the magazine publisher Meredith about a potential purchase. What’s more, the infamous conservative billionaires Charles G. Koch and David H. Koch are said to be potentially backing the deal with an investment of more than $500 million. This would add to the growing list of right-wing millionaires who have considered a Time Inc. purchase.