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Bloomberg Joins Bidders For BusinessWeek: Reports

Sep 10, 2009 6:27 PM

We were told early on that Bloomberg LP was not a likely bidder for BusinessWeek but that attitude appears to have changed. The New York Post’s Keith Kelly and BW’s Jon Fine are reporting that Bloomberg is a late entrant. (No word on whether this is suitor #94 by Terry…

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Posted In: Media & Publishing, Magazines, Money, M&A & Venture Capital, Mergers & Acquisitions, bloomberg, businessweek, mcgraw-hill, platinum equity, zelnickmedia

NYT’s Sulzberger To Globe Staff: ‘Our Hand Is Not Being Forced’

Staci D. Kramer

Sep 9, 2009 3:07 PM

Last spring, the New York Times Co. (NYSE: NYT) threatened to shut down the Boston Globe unless unions agreed to $20 million in cuts. Despite pleas to get involved as the Newspaper Guild struggled with its response—eventually resolved—NYC Chairman Arthur Sulzberger, Jr. and CEO Janet Robinson stayed away. Today the…

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Posted In: Media & Publishing, Newspapers, Online News, Money, M&A & Venture Capital, Mergers & Acquisitions, Companies, New York Times, arthur sulzberger, boston globe, janet robinson, platinum equity, steve ainsley, steve taylor