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Access here alternative investment news about Billionaire Edgar Bronfman Reportedly Offers To Buy Time Inc.
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Billionaire Edgar Bronfman Reportedly Offers To Buy Time Inc.

by businessinsider.com posted 1year ago 1590 views
Time Inc, the publisher of People, Fortune, and Sports Illustrated magazines, has rejected a takeover bid from the billionaire investor Edgar Bronfman Jr., the New York Post reported on Monday. Bronfman Jr., together with billionaire Len Blavatnik's Access Industries and the Israeli businessman Ynon Kreiz, offered $18 per share, the Post reported, valuing Time Inc at $1.78 billion.