'New York' sold - LA Observed

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Kevin Roderick • December 16 2003 5:40 PM

The magazine was purchased for $55 million this afternoon by Bruce Wasserstein, chairman of investment bank Lazard, says AdAge.com. Emmis (Los Angeles magazine) and the Tribune Co. (L.A. Times) had shown some early interest but didn't bid. (Press release via Romenesko)

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Book on the Lady in Gold

Paul McCartney gets a star in Hollywood

6:50 PM Thu | Largest crowd for a Walk of Fame star ceremony that many could remember, outside the Capitol Records tower on Thursday. Photo by Gary Leonard.

5:35 PM Thu | Live at 6 p.m.: the beach Frisbee press conference

5:31 PM Thu | Lana Del Rey fills up Amoeba Music

Go to Kevin's blog

How to know if you're eligible for mortgage relief

5:19 PM Thu | Well, you really can't, not now anyway.

4:56 PM Thu | Paying too much attention to the Dow?

1:14 PM Thu | Why does MarketWatch employ a columnist who is a white nationalist?

Go to Mark's blog