Bruce Wasserstein

The Washington Post Co. probably isn't going to get much more than a token $1 when it sells Newsweek. But it's being awfully choosy about where that dollar comes from.

Bruce Wasserstein, who died Wednesday at 61, will be remembered by many in the media world less for his dealmaking prowess than for turning New York magazine from a predictable, shallow city magazine into the most consistently clever and ingeniously packaged publication of the last few years. But...

It's a ghoulish business writing about the health of public company CEOs. Nobody likes facing illness, but even with their immense wealth, top executives all end up in the same place as every other person born on this planet. Boards of directors at public companies are supposed to comply with...

It's looking more and more like Bloomberg LP is going to prevail in the bidding for BusinessWeek. That's partly because no one else seems to want the business weekly very much: Logical potential owners like Dow Jones (NWS) and Time Inc. (TWX) took themselves out of the running early on, and New...

It's never nice to find out you might be getting laid off. But to learn about it by reading it in the paper -- that's tough. Yet that's exactly what happened at BusinessWeek this week. Employees there have been braced for bad news since June, when McGraw-Hill unveiled plans to "explore strategic...

BusinessWeek reports that potential bidders have emerged for BusinessWeek. And who are the clever folks considering a bid for this money-losing property? There appear to be two interested parties. One is OpenGate Capital, a Los Angeles private equity firm that in October 2008 purchased TV Guide...