by bob walsh
The Meredith Group, which is essentially a conglomeration of various Koch brothers interests, has just bought Time Inc. for about $2.8 billion, which is about 46% above the stock rate as of Friday evening.
It is sort-of thought that that the Koch brothers may be making a move to stop being the targets of every left-wing asswipe and being the shooters instead.
I used to like TIME magazine a million years ago before it turned into a complete left-wing rag. Allegedly the Koch brothers will take NO part in editorial decisions made by the operating executives. I am hoping that the notion of being a legitimate, centrist news organization may filter down. We could use one of those in the national print market.
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