Salesforce Founder Marc Benioff makes deal to buy Time Magazine for $190 million

Salesforce Founder Marc Benioff makes deal to buy Time Magazine for $190 million

The founder of Salesforce, Marc Benioff and his wife Lynne Benioff, have agreed to buy Time magazine for $190 million in cash from media and marketing company, Meredith Corporation. The Benioffs are purchasing the magazine personally and the deal has nothing to do with Salesforce, where Benioff is Chairman, co-CEO, according to a release by Meredith. The founder of Salesforce, Marc Benioff and his wife Lynne Benioff, have agreed to buy Time magazine for $190…

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