Forbes Nears Deal With Investor Group for Under $800 Million

Forbes Nears Deal With Investor Group for Under $800 Million

Forbes is close to being sold to a group of investors. The deal would transfer ownership of the magazine, which is known for its rankings of the wealthy and powerful, to new owners. The final price is not yet set, but it is expected to be less than the $800 million that Forbes had been seeking. The group of bidders includes investors from the United States and overseas.