Tuesday, July 24, 2012

Harman Family Getting Out of Newsweek

Harman Family to 'Stop Investing' in Newsweek:
On Monday it was announced that family of the late Sidney Harman is freezing their 20-month investment in Newsweek/Daily Beast Co. That gives the other party, the Barry Diller-led IAC/InterActive Corp., a controlling interest that will grow as more money is put into the venture.