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New Round of Bids for Dennis Mags

By jason - up to 2007 (archived) • Apr 27th, 2007 • Category: News for Creatives (archives)

FolioMag reports:

“This week, Dennis Publishing received a new round of bids for its three U.S. magazines, Maxim, Stuff and Blender. The Quadrangle Group, which last year had been a front-runner for Ziff Davis’ Enterprise Group, appears to have the lead, according to a WWD story.

While Dennis is said to be seeking $250 million for the three magazines and their Web properties, the latest bids are reportedly in the $200 million to $220 million range. Dennis, which has sought a buyer on-and-off for years for Maxim, officially put the U.S. titles on the block last summer.”

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