At Long Last, New York Magazine Finds A Buyer

After months of speculation and gossip, Primedia has found a buyer for its New York Magazine. Investment banker Bruce Wasserstein through his New York Media Holdings LLC entity has stepped forward with $55 million. The deal is expected to close in 30 days. Now we can go back to reporting on more important things such as Paris Hilton and The O.C.

Picture of Steve Hall

Steve Hall

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