American Heritage closes deal with Forbes
The magazine, owned for many years by Forbes, was threatened with closure when the buyer, Edwin S. Grosvenor, had trouble raising the money needed to complete the purchase on a tight deadline. Last Monday at the Society's annual New York banquet Fleming, then in his final moments as president of the organization, revealed that Grosvenor had been able to finalize the deal. Without going into details he said that the Society's appeal on the magazine's behalf had been critical.
Last December Grosvenor announced he had purchased the magazine but Forbes remained the legal owner until just two weeks ago when the final papers were signed, said Fleming.
comments powered by Disqus
Andrew S Ward - 5/14/2008
As a frequent contributor to AH, I am delighted by this news. Now if they'll just reinstate the brilliant and judicious Richard Snow as editor-in-chief we can all die happy.
- Decades After Trinity Nuclear Test in New Mexico, U.S. Studies Cancer Fallout
- Lawrence Of Arabia's Hand-Drawn, WWI Map Is Up for Auction
- Thousands Of FBI Documents About Civil Rights Era Destroyed By Flooding
- Ancient Egyptian Woman with 70 Hair Extensions Discovered
- Europeans drawn from three ancient 'tribes'
- Conservatives press the case against the new AP framework for US history
- Who wrote the new AP US History framework? Now we know.
- Pro-Israel groups going after federal support of Middle East Studies
- 100th Anniversary of Beard's 'An Economic Interpretation of the Constitution' commemorated
- University of Illinois Bigwig to Native American Studies scholar Jean O’Brien: Drop Dead