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Time Magazine Acquired by Billionaire Salesforce Founder for $190 Million

Time magazine is changing hands. Billionaire and Salesforce.com founder Marc Benioff and his wife Lynne have agreed to acquire the famous red-bordered publication for $190 million in cash. The Wall Street Journal first reported the sale, which is expected to close within the next 30 days. “We are honored to be the caretakers of one […]