FORTUNE Sells to Thai Businessman for $150 Million

Nov 9, 2018

Des Moines-based publisher Meredith announced on Friday that it has agreed to sell Fortune for $150 million to Fortune Media Group Holdings Limited, wholly owned by Chatchaval Jiaravanon, son of Sumet Jiaravanon, executive chairman of Thailand’s biggest conglomerate, Charoen Pokphand Group.

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