Tuesday, July 14, 2009

Why BusinessWeek Sale Might Only Fetch $1 (MHP):

BusinessWeek is on the block as McGraw-Hill trims the fat. Buyers could include private equity firms or Mansueto Ventures, which publishes Inc. and Fast Company. But one stat has gotten a lot of attention: The FT's assertion yesterday that like TV Guide, BusinessWeek might only sell for $1.

Why so little? How is that possible?

5:10 PM