Newsweek up for sale

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Posted: May 5, 2010 9:54 AM by Andrea Fontenot
Source: Associated Press

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Topics: Washington Post Co., Newsweek, magazine, sale, news, Allen & Co., buy, sell

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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