Publications
Publications
- August 2007
- HBS Case Collection
New York Magazine
By: Guhan Subramanian and David Chen
Abstract
Describes the events surrounding the sale of New York Magazine to Bruce Wasserstein in 2003. Wasserstein's last-second cash bid of $55 million surprised other potential buyers and allowed him to win ownership of the magazine.
Keywords
Journals and Magazines; Auctions; Bids and Bidding; Negotiation Deal; Publishing Industry; Media and Broadcasting Industry
Citation
Subramanian, Guhan, and David Chen. "New York Magazine." Harvard Business School Case 908-012, August 2007.