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Jay Penske Might Buy 'Newsweek'

Jay Penske -- he "of the auto-racing family" -- is a potential buyer of Newsweek from IAC, "now kicking the tires and checking under the hood," writes Keith Kelly. Penske "already owns HollywoodLife and Deadline Hollywood and last year bought Variety from Reed Elsevier.

Read the whole story at New York Post »

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