Always the last to know

Always the last to know: More on the Meredith purchase of G-J USA magazines from Matt Kinsman, Bill Mickey and Dylan Stableford at Folio:

“Talks of the sale between the two companies had been ongoing for about a year, Kerr says, and that the interest was “mutual.” However, Russell Denson, who replaced Dan Brewster as G+J USA’s president and CEO in June 2004, was unaware of the pending sale until it was close to final. “I was not aware of this until very recently,” Denson told FOLIO:. “I am personally disappointed that this was the outcome. I thought we had made a lot of progress restoring confidence in our titles.”

(A walk down rexblog memory lane regarding this topic.)