Time Inc. Is Up for Grabs – Time Warner

Time Inc. Is Up for Grabs – Time Warner is spinning off its magazine unit, Time Inc., into a separate, publicly traded company, it was announced Wednesday evening Laura Lang, who was brought on as CEO of Time Inc. in late 2011, will step down after the transition is completed and a new CEO has been identified A planned sell-off of most of the magazines to U.S. publisher Meredith will not happen. Neither will Time Warner’s plan to hang on to Time, Fortune, Money and Sports… http://ow.ly/2vjiLL

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