Monday, January 22, 2007

Time Inc. special interest salemay fetch US$200 million

Time Inc. may not get the US$250 million it was hoping for from the sale of 18 special interest publications. Betting is that the whole package will sell for about US$200 million, $100 million of which would be for the Time4Media enthusiast titles, such as Popular Science, Field & Stream, Outdoor Life, Motorboating, Yachting and Ski. Second round bids for the titles are due today.According to a

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