WP Co. said to favor Harman’s plans for Newsweek

New York Times
California billionaire Sidney Harman, 91, proposes to keep the vast majority of Newsweek’s 325 employees, including top management and editors, reports Jeremy Peters. His sources say Harman proposes to pay the Washington Post Co. $1 in exchange for taking on Newsweek’s financial liabilities. || Related earlier story.

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