Time Warner Picks Bonnier

January 25 2007

Time Warner has agreed to sell 18 titles to Sweden-based Bonnier Publications for less than $300 million, according to The NY Post. Other bidders are reported to have included Quadrangle Group, Boston Ventures, Intermedia Advisors and Active Media/Windpoint Partners. The titles include Field & Stream, Outdoor Life, Snowboarding and TransWorld. www.time.com

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