Alpha
Media Group has found a buyer for Maxim.
Darden Media Group agreed to buy the whole brand portfolio, which includes the
magazine, its 15 international editions, events and digital products.
Alpha announced its intention to sell Maxim back in March. Terms of the deal were not released and it's expected to close in the third or fourth quarter this year.
Darden Media Group was formed this year by Calvin Darden, a former senior vice president and board member of United Parcel Service. He's also chairman and CEO of real estate development company Darden Development Group.
Alpha announced its intention to sell Maxim back in March. Terms of the deal were not released and it's expected to close in the third or fourth quarter this year.
Darden Media Group was formed this year by Calvin Darden, a former senior vice president and board member of United Parcel Service. He's also chairman and CEO of real estate development company Darden Development Group.
