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BtoB

Bloomberg remains front-runner for ‘BusinessWeek'

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New York—The latest in the BusinessWeek sales process is that McGraw-Hills Cos. appears likely to sell the 80-year-old magazine to Bloomberg LP, although another bidder may emerge, according to reports by Reuters and BusinessWeek.com.

Other bidders are reported to be OpenGate Capital, Platinum Equity and ZelnickMedia.

“It could be less than a week before BusinessWeek's parent, McGraw-Hill Cos., announces a winner,” reported a BusinessWeek.com blog.

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