06/05/2010 05:12 am ET Updated May 25, 2011

Publishers Weekly Acquired By Former Publisher George Slowik

After months of speculation about Publishers Weekly's future, and with its parent company, Reed Business Information (RUK), set on shutting down under-performing publications, the book industry trade magazine has found a new owner in one of its former publishers, the man who ran the company between 1984 and 1993.

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