Entrepreneur Bono to Buy Entrepreneur Mag
Entrepreneur Media, the publishers of Entrepreneur, are considering a sale. Owner Peter Shea is reportedly in talks with Elevation Partners (the investment team co-founded by U2’s Bono that owns a significant share of Forbes Media) and Fast Company/Inc. parent company Mansueto Ventures.
A first-round auction was just staged by DeSilva & Philips.
The firm is currently looking at a $200 million price for the sale; that price is based on the $200 million Inc. received from Gurner + Jahr USA in 2008.
WORK SMARTER - LEARN, GROW AND BE INSPIRED.
Subscribe today!
To Read the Full Story Become an Adweek+ Subscriber
Already a member? Sign in