Time Inc. Is Looking To Purchase Yahoo’s Core Business

Digital media and magazine publisher Time Inc. is rumored to buy Yahoo’s core business according to a Bloomberg report. The $1.5 billion publishing company Time Inc., whose publications include Time, People, Sports Illustrated, and Fortune has heard a presentation from Citigroup bankers on pursuing a deal with Yahoo. Time Inc. is interested in obtaining Yahoo’s digital reach of over 1 billion users

The post Time Inc. Is Looking To Purchase Yahoo’s Core Business appeared first on The Daily Exposition.

from The Daily Exposition http://bit.ly/1puDNuE
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