Tags: forbes media | for | sale

Forbes Media Puts Itself up for Sale

Sunday, 17 Nov 2013 02:57 PM

 

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink

The president and CEO of Forbes Media says the company has put itself up for sale.

In a Friday letter to employees, Mike Perlis said that Forbes Media has received "more than a few" indications of interest from potential buyers. As a result, the company has hired Deutsche Bank to represent it and help it explore its options.

He says the company expects "numerous suitors."

Forbes Media, which is controlled by the Forbes family, includes Forbes magazine, which has covered wealth and finance since 1917. It's known for its annual lists of global billionaires and richest people in America.

© Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Country
Zip Code:
Privacy: We never share your email.
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

Applications for Jobless Benefits Fall Sharply, Dip Below 300,000

Thursday, 18 Sep 2014 08:40 AM

The number of Americans filing new claims for unemployment benefits fell more than expected last week, suggesting that a . . .

Bill O'Reilly: 'Lightly' Spanking May Serve a Purpose

Thursday, 18 Sep 2014 09:51 AM

Fox News host Bill O'Reilly says that while what Minnesota Vikings running back Adrian Peterson did to his 4-year-old so . . .

CBS: Al-Qaida's New Plan to Outflank ISIS and Hit US

Thursday, 18 Sep 2014 09:47 AM

As concerns escalate about the imminent possibilities of the Islamic State (ISIS) attacking the United States, a secret  . . .

Most Commented

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved