Time Inc., the owner of Sports Illustrated, People, Fortune and Time magazine, agreed to sell itself Sunday to the lifestyle magazine publisher Meredith Corp. The $2.8 billion deal was made possible in part by a multi-million dollar cash infusion from the private equity arm of the conservative brothers Charles and David Koch.
Here & Now‘s Jeremy Hobson speaks with NPR media correspondent David Folkenflik (@davidfolkenflik) about the sale.
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