MEDIA
07/01/2010 12:52 pm ET | Updated May 25, 2011

Washington Post Rejects Newsmax Offer For Newsweek

The Washington Post Company, which put the magazine up for sale in May after efforts to stem its financial losses failed, has rejected overtures from the owners of Newsmax, the monthly conservative magazine, and Thane Ritchie, an Illinois hedge fund manager.

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