Bono Group Buys Stake In Forbes Media

BONO buys a piece of FORBES MAGAZINE? It's real: ELEVATION PARTNERS, a private equity investment group in which PAUL HEWSON, better known as the lead singer of U2, is one of six partners, has purchased a "significant minority stake" in FORBES MEDIA, according to the NEW YORK TIMES. The deal was for over 40% of the company at a price estimated at between $250 and $300 million.

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