Meredith and Koch Bros buy Time Inc for $2.8B

Yahoo Finance Video

Media company Meredith is teaming up with the Koch Brothers to buy Time Inc. for nearly $3B. In a statement, Meredith said the Kochs will not have seats on the board. Yahoo Finance’s Alexis Christoforous, Myles Udland and Melody Hahm examine the big deal.

Scroll to continue with content
Ad

What to Read Next