Rochester, NY 7/15/2009 2:24:10 AM
News / Finance

NWSA - Business Week sale may fetch only $1

News Corporation

News Corporation, NWSA

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McGraw-Hill could reap just $1 from a sale of Business Week, according to people familiar with the 80-year-old financial magazine’s losses. The publisher has appointed Evercore, the boutique investment bank, to sell the business after concluding it was non-core, two people familiar with the decision said.

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