BusinessWeek Up For Sale

Bloomberg:

July 13 (Bloomberg) -- McGraw-Hill Cos. hired Evercore Partners Inc., the boutique investment bank founded by Roger Altman, to sell BusinessWeek magazine, a person close to the situation said.

Read the whole story: Bloomberg

Comments

[oceanlover]

08:32 AM on 07/14/2009

Surprise, surprise.... Business Week is essentially valueless.

[ntmessage]

11:23 PM on 07/13/2009

Well the price is right. $1. But the debt will bring down even the most deep pocketed investor. Look at the tribune. Sam Zell now looks to bring the Cubs into bankruptcy reorganization. One would think he would not have levered the Cubs and used his own money on the Trib, but I guess all these so-called smartest guys in the room are good at only one thing. The ability to make others pay for their mistakes.

[bragladish]

01:02 PM on 07/13/2009

This may as well read, sinking ship, going fast!