Forbes insiders believe that the business magazine’s operations are about to be sold to an Asian buyer, reports Keith Kelly of the New York Post.
Kelly writes, “CEO Mike Perlis, on that day, was moderating a forum at the Interactive Advertising Bureau in Palm Desert, Calif.
“According to several attendees, he boasted of transforming Forbes Media in the three years since he took over operations of the family-owned company founded in 1917 — but was closed-mouthed on who might be buying it.
“The finalists appear to be China-based Fosun International, which publishes a Chinese edition of the magazine, and Spice International, a diversified Singapore company that is headed by Indian-born billionaire Guo Guangchang.
“A spokeswoman for Forbes Media declined to comment.”
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