BusinessWeek staffers to have one last drink, Bloomberg to throw party

TALKING BIZ NEWS EXCLUSIVE

The deal by Bloomberg LP to acquire BusinessWeek magazine is expected to close on Tuesday, Dec. 1, so the BusinessWeek staff plans to have farewell drinks Monday night for the employees who won’t be moving to the new owner.

Meanwhile, Bloomberg plans to throw a party on Tuesday to celebrate the close of the deal. UPDATE: A Bloomberg staffer sends along the following invitation, which calls the event a “reception” for its new BusinessWeek colleagues.

The BusinessWeek festivities — goodbye to departing staffers — are scheduled to begin this evening at 5:30 at the Playwright’s Tavern, just around the corner from the McGraw-Hill building, on the third floor.

With many BusinessWeek staffers leaving Tuesday, and the latest issue of the magazine going to the printers on Wednesday night, there’s concern among those remaining as to how exactly the issue will get out on time.

“I’m going in today to try and do some advance editing,” said one staffer this weekend.

One staff member said that the BusinessWeek finance team is already working with reporters at Bloomberg to try to pull together a story for the next issue, and expects some Bloomberg writers to take over the columns inside the weekly, including the one written by Gene Marcial on Wall Street.

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View Comments

BW Non Edit says:
November 30, 2009 at 4:43 pm
Just a note, apparently the farewell at Playwright's is Edit staff only, as we in non-Edit roles never got word until this post.
Gabriel says:
December 1, 2009 at 4:32 am
Get used to it...drink the Bloomberg kool-aid. There will be reporters that BBG managers will love and some they will hate. It's so arbitrary that you shouldn't waste any brain cells trying to figure it out. Just make sure you don't get the manager who asked an employee to lie (which the employee would't) and then threw the poor guy under a bus. Have fun!