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New Suitors for Fast Company

I saw in the Chicago Tribune today that Fast Company and Inc. have five potential buyers.

  • Time Out Chicago
  • The Economist
  • Advance Publications' City Business Journals
  • Alta Communications venture capital firm
  • G+J management buyout led by CEO Russell Denson

The expected price for the deal will be is somewhere $40 million and $50 million dollars. A winner will be selected tomorrow after a second round of bids.

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» Potential suitor for Fast Company… from Schadefreunde
I saw this post and became ill. Why would such a reputable and quality publication such as The Economist want to buy a shitty rag that is Fast Company. It makes no sense to me… From a business perspective, why buy a rag that isn’t doing ... [Read More]