Thursday, June 24, 2010

China bids on Newsweek unsuccessful

By Wang Zhuoqiong (China Daily) -- 2010-06-18 BEIJING - China's Southern Daily Group's recent attempt to acquire Newsweek magazine - the country's first bid for a Western publication - has failed, but the bidder is expecting to make other similar purchases, the publication's senior management said on Thursday."The offer to Newsweek is a volunteer action of Chinese media professionals and

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