Wednesday, September 30, 2009

Bloomberg LP front runner in purchase of BusinessWeek

It looks as though BusinessWeek magazine willsoon be sold by parent McGraw-Hill Cos. Inc. to Bloomberg LP. At least that's what its own senior management is hoping, according to a report from Reuters. A deal still could take weeks, or could fall apart because of depressed magazine advertising and uncertainty in the financing market; but BusinessWeek executives think that Bloomberg would be the

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