Business Week For $1
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James Joyner | Tuesday, July 14, 2009 |
Business Week is up for sale and FT reports it could net owner McGraw-Hill only $1.
Shoot, I’d pay $1000 just for the naming rights, logos, and the domain. Somehow, I’m guessing that the corporate world’s definition of $1 is different than mine.
About the Author: James Joyner is the publisher of Outside the Beltway and the managing editor of the Atlantic Council. He's a former Army officer, Desert Storm vet, and college professor with a PhD in political science from The University of Alabama. He lives just outside the Beltway in Alexandria, Virginia with his wife and infant daughter.
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Comments
Just as a guess they may get nothing more than somebody willing to shoulder BusinessWeek's obligations. Without the $1 it wouldn't be a sale.
Posted by Dave Schuler | July 14, 2009 | 12:31 pm | Permalink
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