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M&As in New Media: Avoiding the Tire-kickers & Romeos

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As revealed today in The Wrap's WaxWord column , that media investor Jimmy Finkelstein, who made his fortune in part by founding and selling off the National Law Journal, is playing his court-them-and-dump-them game again. In the past he came close to acquiring New York magazine and Thompson Educational Publishing (in fact news stories in 2004 reported the Thompson acquisition as a done deal) but then backed off. His newest dumpee is the blog iwantmedia.com whose publisher Patrick Phillips revea...

 

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Anne Holland

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