21 ms·
That's it? Time has been so influential; it's so hard to fathom that it could go for $190M.
by anonytrary 8y ago
That's it? Time has been so influential; it's so hard to fathom that it could go for $190M.
- sonnyblarney 8y agoIt's hard to imagine that it went for that much. Print magazines are dying. Given possibly debt, pension obligations etc. - it wouldn't be surprising if they were really worth a negative value, i.e. they get bought for cheap just for the tax write offs. Many newspapers facing bankruptcy would love to have a $200M valuation.