We Are Close to a Newsweek Deal

Sidney Harman is the “GALLOPING FAVORITE” to buy Newsweek, wrote Mike Allen this morning (he changed his copy online to say “GALLOPING FRONTRUNNER.” Are we less excited or more excited now?). A deal is “IMMINENT,” he says. Times media reporter Jeremy Peters agrees: An “announcement of Harman’s all-but-certain purchase of Newsweek could come today,” he wrote on Twitter this morning.