BusinessWeek price could reach $40M (Dealscape

McGraw-Hill Cos.' BusinessWeek magazine could be sold at a price of $35 million to $40 million, plus assumed debt, according to sources.

Bloomberg LP has emerged as one of the potential bidders for the publication, which hit the auction block July 19 when McGraw-Hill tapped Jonathan Knee of Evercore Partners Inc. to explore strategic options. Other reported bidders include private equity firms OpenGate Capital and Platinum Equity LLC and Bruce Wasserstein, head of investment bank Lazard. (Wasserstein is the chairman of The Deal LLC.)

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NOT A SUBSCRIBER? BusinessWeek price could reach $40M Posted on September 11, 2009 9:41 PM McGraw-Hill Cos.' BusinessWeek magazine could be sold at a price of $35 million to $40 million, plus assumed debt, according to sources. Bloomberg LP has emerged as one of the potential bidders for the publication, which hit the auction block July 19 when McGraw-Hill tapped Jonathan Knee of Evercore Partners Inc. to explore strategic options. Other reported bidders include private equity firms OpenGate Capital and Platinum Equity LLC and Bruce Wasserstein, head of investment bank Lazard. (Wasserstein is the chairman of The Deal LLC.) This is a free content preview. Subscribers enjoy access to all stories in full as well as second-to-none market intelligence. Dig deeper, with Pipeline. 318 in-depth reports of Auctions in the Media sector 154 articles related to Bloomberg LP 41 company pages related to Magazines 11 in-depth transaction records for McGraw-Hill Cos. 10 years of news and analysis archives from the voice of The Deal Economy Most searched keywords Deutsche Bank Birds Eye Cadbury AG Agrium Inc. Skadden Arps Revolution Money Tandberg ASA Aisling Capital Ken Lewis Natco		EXISTING USERS Username Password Forget your password? Missing a product?

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