Time Inc. Acquires American Express Publishing

http://www.marketwatch.com/story/time-inc-completes-transaction-to-acquire-american-express-publishing-from-american-express-2013-10-01?reflink=MW_news_stmp

Time Inc. and American Express today announced that Time Inc.'s acquisition of American Express Publishing Corporation has been completed. The company, with brands including Travel + Leisure and Food & Wine, is now a wholly-owned subsidiary of Time Inc.