Two serious offers are said to be on the table for the U.S. magazine group, Hachette Filipacchi Media, according to a report.
Remaining points of contention between prospective buyers and French owner Lagardère include editorial control over its properties, which include Elle Décor, Elle and Women's Day. However, Lagardère’s stock increase of 4.9% shows that investors anticipate a deal in the near future.
In addition to a rumored offer from Hearst, Germany’s Bauer Publications is said to have proposed €650-700 million or $850.3-$915.7 million for the publishing portfolio. Bauer's current portfolio includes a dozen women's magazines including In Touch Weekly, Life & Style Weekly, and Woman's World.
News categoriesAll News >
House Beautiful launches its first-ever custom-built showhouse—and it's all about wellness
Layoffs at The Mine follow news of consolidation
What do Oprah, Ken Fulk and Bunny Williams have in common?
Traditional Home celebrates with Miele
Newel celebrates new showroom
Mexican cooking demo with Hearst and Miele
Tag Sale categories
Hickory Chair Oconto Coffee Tabletables
New Storage Module 3 Colors Includes FedEx Shippingcasegoods
Hickory White Triangular tablecasegoods
- In Print