Take-Two's Zelnick Eyeing Business Week Purchase

August 21, 2009 -

BusinessWeek is up for grabs and Take-Two Interactive boss Strauss Zelnick (left) is reportedly among those interested in acquiring the venerable McGraw-Hill publication.

Describing Zelnick's company, ZelnickMedia as "a private equity firm that’s long sought out distressed media assets for turnaround," BusinessWeek itself reports that there are nine potential buyers for the 80-year old mag.

Along with Take-Two, Zelnick's firm also owns Columbia Music Entertainment and an infomercial company, Cannella Response Television.


Comments

Re: Take-Two's Zelnick Eyeing Business Week Purchase

Zelnick really is in a hurry towards bankruptcy.

-- http://pixelantes.blogspot.com/

Re: Take-Two's Zelnick Eyeing Business Week Purchase

Well, if he goes bankrupt, he can officially file so that he doesn't have to sell T2 to EA, even though he supposedly wants to sell it, but nobody else wants to buy.

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