Conservative billionaire Koch brothers give $650m to help Meredith buy Time

Texans will not get a say in editorial decisions, says Meredith, as it hails 'transformative' deal to merge magazine stables Meredith Corporation has announced that it is buying the Time Inc publishing group in a "transformative" $1.8bn deal that joins two huge magazine companies. Meredith, which owns a portfolio including Better Homes & Gardens, Family Circle, allrecipes and Shape, will fund the deal with the help of the rightwing billionaire Koch brothers, who have contributed $650m of preferr...