WWD.com/media-news/publishing/lagardre-in-exclusive-talks-with-hearst-to-sell-foreign-unit-3410950

publishing

January 3, 2011

Lagardère in Exclusive Talks With Hearst To Sell Foreign Unit

The two parties have set Jan. 30 deadline to negotiate an all cash transaction.

By Joelle Diderich

publishing/news

PARIS – Lagardère has entered into exclusive talks with Hearst Corp. for the sale of its international press and magazine business, the French conglomerate announced.

Lagardère in Exclusive Talks With Hearst To Sell Foreign Unit

The two parties have set Jan. 30 deadline to negotiate an all cash transaction.

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