Around the Net

Fosun Likely To Buy 'Forbes' For Less Than $250M

  • The Deal, Thursday, February 20, 2014 10:14 PM
Chinese conglomerate Fosun International Ltd., front-runner to buy Forbes Media, will most likely pay "a much lower price than private equity minority stakeholder Elevation Partners LP was hoping to receive" -- probably less than $250 million for the magazine, writes Jonathan Marino.

Read the whole story at The Deal »

Next story loading loading..