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Newsweek up for sale

5 years ago May 05, 2010 May 5, 2010 Wednesday, May 05 2010 Wednesday, May 05, 2010 8:54:43 AM EDT in News
Source: Associated Press

Washington Post Co. says it has Newsweek magazine up for sale; company has owned it since 1961.

The company says it has retained the investment bank Allen & Co. to help find a buyer for the money-losing magazine.

The Post Co. has owned the 77-year-old magazine since 1961.

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