Artnet Will Close French Office

Artnet, the German-based tech company that ceased publication of its online magazine this week in the midst of a possible investor takeover, will close its French offices, according to Jacob Pabst, the company’s incoming CEO.

This is the latest in a series of developments after the resignation of Artnet’s longtime CEO Hans Neuendorf, Mr. Pabst’s father. Artnet magazine was an influential source of art journalism for 16 years and had offices in New York, Berlin and Paris.