>> we are talking about $400
million for forbes magazine.
to $400 seeking up
million which is about twice as
much as they expect a magazine
to go for like that.
most go for a different
multiple.
one would expect about half that
price.
forbes has been emphasizing the
fact that it is not just forbes
magazine on the block.
it is a worldwide brand.
they do conferences, they lend
their name to property
developers.
there are three main bidders
according to people familiar
with the talks.
none of this is confirmed but it
does look like there are three
main bidders.
fosun group from china, spice
global from singapore and from
here in berlin axel springer.
fosun group already has a
mission ship with forbes.
the spice group is looking and
axel springer publishes the
russian version of forbes.
they all have an interest here.
suedn't forbes also being