I don't think anyone who follows business media would put a penny into Forbes Magazine.
Under current editorship it has become something of a garbage property. And although Steve Forbes is head of the parent Forbes Media, he sure as heck is not his father.
From TalkingBizNews:
Forbes Media is in talks to go public through a merger with a special purpose acquisition company as it attracts acquisition interest, including an offer for $700 million, according to a Reuters report.
Joshua Franklin, Echo Wang and Krystal Hu of Reuters report, “Forbes’ owner is also fielding offers from bidders including investment vehicle Borderless Services Inc, which has bid $700 million, and from a consortium led by tech investor Michael Moe, the sources said. Both of these bids would result in Forbes remaining a privately held company....
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