
Newsweek Turns Down Two More Bids; Washington Post Co. Searches For a Buyer and a ‘Steward’
Buying Newsweek just got a bit more complicated. Washington Post chairman Donald Graham nixed bids from two parties interested in Newsweek—conservative publisher Newsmax Media and hedge-funder libertarian Thane Ritchie—because they are not proper “stewards for the magazine,” according to The New York Times.
Last week bids from a partnership of two Chinese Read More