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Business 2.0 Close To Sale, Says NYP

Business 2.0 Close To Sale, Says NYP

Future Network’s Business 2.0 is close to being sold, according to a report in the New York Post yesterday. The internet business title is published in the US under licence from Future by Imagine Media and is currently a profitable business.

The NYP reports that Time Inc has been confirmed as one of the suitors for the title and that there are two other bidders in the frame, although these were not named.

It is expected that Future will announce a deal to the London Stock Exchange by Friday this week.

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