Thursday, October 15, 2009

Owner of New York magazine dies suddenly, leaving uncertainty

The sudden and unexpected death at 61 of Bruce Wasserstein, the ka-billionaire chair of Lazard Freres and major magazine player, including being owner of New York magazine, Penton Media and The Deal, has raised considerable uncertainty about the future.According to a story in AdAge, New York is part of New York Media, a family trust. Mr. Wasserstein has seven children; he married for a fourth

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