Newsweek Goes to Sidney Harman

Multiple news outlets are reporting that electronics tycoon Sydney Harman has inked a deal to buy Newsweek from The Washington Post Co.

“It’s official: Sidney Harman, the businessman who made his fortune selling stereo equipment, has secured a deal to buy Newsweek from the Washington Post Co.,” writes Nat Ives of Advertising Age.

The New York Times earlier today reported that the deal would go down today. Politico came out with a similar report this morning.

The Times says:

The financial details of the sale were not known, though one person with knowledge of Mr.

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