Edoardo Cignoli : IBT Media to Buy Newsweek

Barry Diller's IAC/InterActiveCorp has agreed to sell Newsweek to IBT Media, publisher of the International Business Times, in the storied newsweekly's third ownership change in so many years.



via WSJ.com: US Business http://online.wsj.com/article/SB10001424127887323681904578646820897437326.html?mod=pls_whats_news_us_business_f