MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Tuesday, December 10, 2013 Is Mansueto About to Buy Another Pub? Joe Mansueto may be about to invest in another media company. Keith Kelly in the New York Post reports that the billionaire founder and chief of Chicago-based mutual fund ratings giant Morningstar "is rumored to be looking at Forbes Media." According to the newspaper, sources expect Forbes to sell for "far less than the $400 million" that its backers want. Mansueto already has several other media investments. His Mansueto Ventures backs Fast Company and Inc., and he's a backer of Wrapports, which bought the Chicago Sun Times. Printed from: MFWire.com/story.asp?s=46964 Copyright 2013, InvestmentWires, Inc. All Rights Reserved |