Time Inc. Acquires Consumers Digest Lists

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Time Inc.’s Personal Finance Group has acquired the subscription lists of defunct Consumers Digest and Your Money magazines, an executive said Thursday. An announcement was expected later in the day.

David Kieselstein, president of the group, refused to disclose the cost.

Subscribers to the Consumers Digest publications, which folded earlier this year, will begin receiving either Money or Mutual Funds from Time Inc.

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