Is Time Inc. For Sale? Not Preposterous
Following a Forbes piece in which a Bear Stearns stock analyst makes a case for Time Warner selling off its publishing business and getting the requisite denials, Folio: asks its own stable of experts, including friend of FishbowlNY, Reed Phillips:
“I don’t think it’s preposterous to think that they would consider a sale … It would be very much coveted by buyers. If you look at the top 10 magazine brands, they probably have five of them.
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