h digitalfootprint web 728x90

Koch brothers didn’t ask for Meredith board seat


The Koch brothers didn’t ask for a board seat at Meredith Corp. when they invested $650 million in Meredith’s purchase of Time Inc., the Des Moines Register reported. Meredith’s $2.8 billion acquisition of Time Inc. had been in the works for a long time, but the infusion by Koch Equity Development surprised many.  Koch will have no influence on editorial content or board decisions, Meredith officials said. 


Facebook Notice for EU! You need to login to view and post FB Comments!

brownwinick brd 030123 300x250