The Dennis lad mag group has a deal to sell to the Quadrangle Group for an estimated $250 million. The buyers are backing Kent Brownridge, former exec at Wenner Media, as new CEO. Steve Colvin will
step down from the post. The deal includes
Maxim and
Stuff in the U.S., and music magazine
Blender, as well as maximonline and licensing deals for
Maxim mags in other
countries.
