Auth advises on Forbes sales

Dorothy Auth was part of the team that advised Forbes Media LLC on its sale of a majority stake to a group of international investors

Cadwalader, Wickersham & Taft intellectual property partner Dorothy Auth

Cadwalader, Wickersham & Taft intellectual property partner Dorothy Auth was part of the team that advised Forbes Media LLC on its sale of a majority stake to a group of international investors. The terms of the transaction were not disclosed.

The Forbes family will retain a significant ownership stake and will remain a privately held company, according to the firm. The newly formed Hong Kong-based investor group, Integrated Whale Media Investments, will provide capital as well as financial and operational expertise to strategically expand market share of Forbes Media product lines globally.

Contributing Author

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Amy I. Stickel

Amy I. Stickel has extensive experience covering the legal, financial and pharmaceutical industries as a writer and editor. A past managing editor of Corporate Legal Times and...

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