Hughes–openly gay Facebook co-founder to buy The New Republic

 

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http://www.huffingtonpost.com/2012/03/09/chris-hughes-new-republic-sale_n_1333900.html

Facebook co-founder Chris Hughes is purchasing the New Republic, the nearly century-old political magazine known for its influence in progressive circles, according to The New York Times.

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.

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