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Salesforce’s Benioff Completes Buy of Time From Meredith

Salesforce CEO Marc Benioff and his wife Lynne completed their $190 million cash buy from Meredith of Time, Meredith announced Thursday. "Meredith will provide short-term business continuity services and has entered into a multi-year agreement with the Benioffs to provide…

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services such as consumer marketing, subscription fulfillment, paper purchasing and printing." The broadcaster still plans (see 1809170034) to use the money to pay down debt.