Hughes–openly gay Facebook co-founder to buy The New Republic
Hughes’ acquisition comes as no big surprise. HuffPost‘s Michael Calderone first reported about his interest in The New Republic in January. The magazine’s ownership, which includes editor-in-chief emeritus Marty Peretz, had earlier brought in the Blackstone Group to assist in finding a buyer.
- Gay Facebook Founder Chris Hughes Buys ‘The New Republic’ (towleroad.com)
- Facebook Co-Founder Buys The New Republic (huffingtonpost.com)
- 28-Year-Old Chris Hughes Buys 98-Year-Old ‘New Republic’ (paidcontent.org)
Posted on March 9, 2012, in Money Trough, Political Trough and tagged Blackstone Group, Chris Hughes, Editor-in-chief, facebook, HuffPost, Marty Peretz, new republic, New York Times. Bookmark the permalink. Leave a comment.