'Forbes' For Sales - NBC Right Now/KNDO/KNDU Tri-Cities, Yakima, WA |

'Forbes' For Sales

Posted: Updated:

NEW YORK (AP) - The president and CEO of Forbes Media says the company has put itself up for sale.

In a Friday letter to employees, Mike Perlis said that Forbes Media has received "more than a few" indications of interest from potential buyers. As a result, the company has hired Deutsche Bank to represent it and help it explore its options.

He says the company expects "numerous suitors."

Forbes Media, which is controlled by the Forbes family, includes Forbes magazine, which has covered wealth and finance since 1917. It's known for its annual lists of global billionaires and richest people in America.

(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

  • National NewsMore>>

  • Home Depot investigating potential credit and debit card breach

    Home Depot investigating potential credit and debit card breach

    Tuesday, September 2 2014 5:10 PM EDT2014-09-02 21:10:56 GMT
    Home improvement retailer Home Depot says it may be the latest victim of a massive credit card security breach. The Atlanta-based company confirmed Tuesday that it is looking into "unusual activity" and it's working with both banks and law enforcement.More >>
    Home improvement retailer Home Depot says it may be the latest victim of a massive credit card security breach. The Atlanta-based company confirmed Tuesday that it is looking into "unusual activity" and it's working with both banks and law enforcement.More >>
  • US military deaths in Afghanistan at 2,202

    US military deaths in Afghanistan at 2,202

    Tuesday, September 2 2014 4:24 PM EDT2014-09-02 20:24:36 GMT
    KHQ.COM - As of Tuesday, Sept. 2, 2014, at least 2,202 members of the U.S. military had died in Afghanistan as a result of the U.S.-led invasion of Afghanistan in late 2001, according to an Associated Press count.More >>
    KHQ.COM - As of Tuesday, Sept. 2, 2014, at least 2,202 members of the U.S. military had died in Afghanistan as a result of the U.S.-led invasion of Afghanistan in late 2001, according to an Associated Press count. The AP count is three less than the Defense Department's tally, last updated Tuesday at 10 a.m. EDT.More >>
  • Video released by ISIS shows beheading of US journalist

    Video released by ISIS shows beheading of US journalist

    Tuesday, September 2 2014 2:14 PM EDT2014-09-02 18:14:48 GMT
    BEIRUT (AP) - An Internet video purports to show the beheading of U.S. journalist Steven Sotloff by the Islamic State group. More >>
    BEIRUT (AP) - An Internet video purports to show the beheading of U.S. journalist Steven Sotloff by the Islamic State group. Sotloff, who freelanced for Time and Foreign Policy magazines, had last been seen in Syrian in August 2013 until he appeared in a video released online last month by the Islamic State group that showed the beheading of fellow American journalist James Foley.More >>
Powered by WorldNow
All content © Copyright 2000 - 2014 WorldNow and KHQ. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms of Service.