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Saturday, July 19, 2014

Forbes Sells Majority Stake to International Investors

This was of interest because I had a very small connection to Forbes.   'To accelerate growth they say ... '.  I liked their coverage of technical and management issues.  How this will change it is unclear.

 ' ... Forbes Family Welcomes Significant Investment by Investor Group  –

–    Investors Are Committed to Forbes’ Brand, Strategy, Values and Management  –

–    Forbes Family Will Retain Significant Interest; Current Management Team Will Remain in Place; Steve Forbes Will Continue as Chairman and Editor-in-Chief, Mike Perlis as President and CEO  –

–        Forbes Media will remain a privately-held, independent company headquartered in the U.S.; Company’s Asian business will continue to be led by Forbes Media CEO/Asia Will Adamopoulos – ....' 

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