Time Inc. Said to Ask Howard Stringer to Join Board

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Time Inc., the magazine publisher that will be spun off as a separate company by the end of June, asked Howard Stringer to become a board member, according to people with knowledge of the matter.

Stringer, who retired as chief executive officer of Sony Corp. in 2012, is still deciding whether to accept the post, said the people, who asked not to be identified because the discussions are confidential.