BusinessWeek Attracts 93 Bidders

McGraw-Hill (MHP) CEO Terry McGraw said the company has received interest from 93 potential buyers for Business Week, Bloomberg reports.

In an interview on Bloomberg Television, he said interested parties include private equity, hedge funds and strategic buyers. “Everybody’s involved,” he said.

McGraw recently announced a decision to seek potential buyers for the magazine, which has been hurt in the recessions by a downturn in the print advertising market.

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