The Official Newsweek Sale Press Release
The Washington Post Co. has officially announced what reporters have been reporting all day: The company is selling Newsweek to electronics tycoon Sidney Harman.
Press release after the jump.
The Washington Post Company (NYSE: WPO) announced today that it has signed a contract to sell Newsweek to Dr. Sidney Harman.
“In seeking a buyer for Newsweek, we wanted someone who feels as strongly as we do about the importance of quality journalism. We found that person in Sidney Harman,” said Donald E.
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