Koch Brothers Bid to Take Over Time, People Magazines

HeadlineNov 16, 2017
 h10 koch brothers

In media news, the billionaire right-wing Koch brothers may soon become major stakeholders in Time and People magazines. The Kochs have reportedly offered to invest $500 million in Meredith Corporation, which is trying buy the magazines. Meredith is the publisher of Family Circle and Better Homes and Gardens.

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