Thursday, January 25, 2007

Family-owned Stockholm publishing group buys Time special interest mags

Official word has confirmed the unofficial word that a Stockholm-based publishing company has pipped the other contenders at the post to buy the 18 special interest titles being sold by Time Warner's Time4Media and Parenting groups. The price -- which is not confirmed -- is said to be about US$200 million, less than had been expected or hoped for (as much as $300 million).[UPDATE: The New York

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