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Posted on August 3, 2010 | tags

 
 

Biz: Newsweek’s sale was for a bargain-basement price (and lots of debt)

  • $1 the amount Sidney Harman will pay the Post for Newsweek
  • $70M the amount of debt Harman will take on in exchange for the price
  • 250 the number of the mag’s 325 employees Harman will keep source