Report: Time Inc. closes in on 'Business 2.0'

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New York--A little more than a month after it was put on the block, Business 2.0 may have found a buyer. The Web site reported Monday night that Time Inc. is in negotiations to buy Business 2.0 and plans to merge the struggling magazine with its eCompany Now. Sources pegged the potential sale price at less than $75 million. A deal could emerge within a few days. A Time Inc. spokesman reached by BtoB said he had no comment.
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