Five Bidders are of ffering $40-$50 Million for Fast Co. and Inc. Among the five prospective buyers offering between $40 million to $50 million for G+J USA Publishing’s Fast Company and Inc. is a G+J management group comprised of CEO Russell Denson, Inc. vp, publisher Lee Jones and editor John Koten, as well as Ed Sussman, managing director of the two titles’ Web sites. The group is being represented by Abry Partners, a Boston-based media-focused private equity firm, according to sources familiar with the situation.”
The is in the ballpark of what I predicted in some comments I made on the weblog, BusinessPundit a while back.
