Fortune Magazine sold to Thai businessman for $150M

A SCREENSHOT of the Fortune Magazine website. The publication as just sold for $150 million.
A SCREENSHOT of the Fortune Magazine website. The publication as just sold for $150 million.
NEW YORK - Meredith Corp. agreed to sell Fortune magazine and its related businesses for $150 million, furthering the company’s efforts to shed the news-focused brands it acquired in buying Time Inc. The buyer is Thai businessman Chatchaval Jiaravanon, an owner of the Charoen Pokphand Group conglomerate, Meredith said in a statement Friday. He will…
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