Agent009 submitted on 1/31/2011 Auto Spies Photos Timestamp: 10:59:10 AM
Views : 6,778 | Category: Misc News | Source: | SOURCE: dealbook.nytimes.com
Lagardère, the French media conglomerate, said on Monday that it had agreed to sell its international magazine business, including titles like Car and Driver and non-French editions of Elle, to the American publishing company Hearst for 651 million euros. The deal, worth about $889 million, came after a month of exclusive negotiations. Lagardère has been seeking to streamline its sprawling international operations and focus more on the domestic media business, following shareholder pressure to improve its performance.2012 Fiat 500 Photo Gallery2011 Chrysler 200 and 300 Launch Photo Gallery2012 Pagani Huayra Photo Gallery2012 Porsche 911 Black Photo Gallery2012 Ford Focus Photo GalleryMORE AutoSpies.com Photo Galleries (Over 500,000 Photos!)AutoSpies.com Photo GalleriesIf you want to see your photos running on our homepage photo ticker, be sure to upload your photos on the go by sending them to Mobile@AutoSpies.com Share on FacebookRead Article
Lagardère, the French media conglomerate, said on Monday that it had agreed to sell its international magazine business, including titles like Car and Driver and non-French editions of Elle, to the American publishing company Hearst for 651 million euros.
The deal, worth about $889 million, came after a month of exclusive negotiations. Lagardère has been seeking to streamline its sprawling international operations and focus more on the domestic media business, following shareholder pressure to improve its performance.2012 Fiat 500 Photo Gallery2011 Chrysler 200 and 300 Launch Photo Gallery2012 Pagani Huayra Photo Gallery2012 Porsche 911 Black Photo Gallery2012 Ford Focus Photo GalleryMORE AutoSpies.com Photo Galleries (Over 500,000 Photos!)AutoSpies.com Photo GalleriesIf you want to see your photos running on our homepage photo ticker, be sure to upload your photos on the go by sending them to Mobile@AutoSpies.com Share on Facebook
Share on Facebook
"Normal is an illusion. What's normal for the spider is chaos for the fly."— Agent009 (View Profile)
"Normal is an illusion. What's normal for the spider is chaos for the fly."
— Agent009 (View Profile)
More photo galleries