Adds NYT report details, Citigroup response
Aug 2 (Reuters) – Media firm Forbes is exploring a sale of its business at a price of at least $630 million, the New York Times reported on Tuesday, citing four people with knowledge of the process.
The publisher of Forbes magazine has tapped investment bank Citigroup
Forbes did not immediately respond to a Reuters request for comment. Citigroup declined to comment.
www.nasdaq.com/articles/forbes-said-to-explore-sale-nyt-0
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