Last Friday Peter Kafka over at MediaMemo reported some details - and we picked it up—of ZelnickMedia’s bid for BusinessWeek, and if it was successful, it was supposedly planning to shut the print mag and gut the place down with content being fed in, to a large extent, by bid…

So Thomson Reuters’ involvement in the BusinessWeek bid was even deeper than I first reported. Peter Kafka reports, based on a source, about ZelnickMedia’s plans if the PE firm would have been successful at buying the troubled magazine, including closing the print edition, dumping all staff and replacing with Reuters…

Thomson Reuters (NSDQ: TRIN) has publicly been saying that it has no interest in bidding for BusinessWeek, ever since the news that it was on the block came out. And that was true, until Bloomberg and later ZelnickMedia came into the picture: the multimedia business media giant is working as…

Updated: BusinessWeek is reporting that former WSJ publisher and Dow Jones (NYSE: NWS) exec Gordon Crovitz is “teaming” with ZelnickMedia in a run for the magazine, citing “executives familiar with the matter.” It’s far more likely that he is advising Zelnick on a possible bid: Crovitz worked with Zelnick and…

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…