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Forbes+publisher+sold+to+Asian+investors
Saturday, 19 July 2014 - 18:56
Forbes publisher sold to Asian investors
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The publisher of the US business magazine Forbes said yesterday, that a controlling stake in the group had been sold to a Hong Kong-based investment consortium.

Forbes Media will remain privately held and US-based, but a majority stake is being sold to the newly formed Integrated Whale Media Investments, based in Hong Kong.

The Forbes family will retain "a significant ownership stake" in the company under the plan and will continue to participate in its operations.
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