Condé Nast Portfolio's Web Site Gets New Life

Condé Nast Portfolio, Condé Nast’s two-year-old business lifestyle magazine experiment, folded with its May issue, but its companion Web site will get a new life as a part of American City Business Journals’ online division Bizjournals.

American City Business Journals (ACBJ), like Condé Nast, is a unit of parent company Advance Publications.

“At the time of the announcement, we knew we had a good asset in the digital property,” said David Carey, a group president at Condé Nast.

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