Time Inc explores bid to buy Yahoo Inc's core business: Source

Time Inc explores bid to buy Yahoo Inc's core business: Source

It is unclear if the company has retained an investment bank as financial advisor on the potential bid. Yahoo officially launched the sale of its core business, which includes search, mail and news sites, last week.

Time Inc cuts full-year revenue forecast for the second time

Time Inc, the publisher of Sports Illustrated, Time and People, cut its full-year revenue forecast for the second time, hurt by a fall in revenue from print advertising.

Time Warner to separate Time Inc. into publicly-traded firm

"After a thorough review of options, we believe that a separation will better position both Time Warner and Time Inc.," Time Warner' s Chair and Chief Executive Officer Jeff Bewkes said in a statement Wednesday.