UPDATE 1-Time Inc rejects bid from billionaire Bronfman Jr. - NY Post
Edgar Bronfman, Jr.
Monday, 28 November 2016 () Nov 28 (Reuters) - Time Inc, the publisher of Time, People and Fortune magazines, has rejected a takeover bid from billionaire investor Edgar Bronfman Jr., the New York Post reported on Monday.
The National Retail Federation estimates that nearly 122 million Americans will be taking advantage of online deals today, but that hasn't helped stocks which are down, putting a four-day winning streak for the S&P 500 and the Dow Jones Industrial Average in jeopardy. However, oil prices skyrocketed...