American Heritage closes deal with ForbesHistorians in the News
The magazine, owned for many years by Forbes, was threatened with closure when the buyer, Edwin S. Grosvenor, had trouble raising the money needed to complete the purchase on a tight deadline. Last Monday at the Society's annual New York banquet Fleming, then in his final moments as president of the organization, revealed that Grosvenor had been able to finalize the deal. Without going into details he said that the Society's appeal on the magazine's behalf had been critical.
Last December Grosvenor announced he had purchased the magazine but Forbes remained the legal owner until just two weeks ago when the final papers were signed, said Fleming.
comments powered by Disqus
Andrew S Ward - 5/14/2008
As a frequent contributor to AH, I am delighted by this news. Now if they'll just reinstate the brilliant and judicious Richard Snow as editor-in-chief we can all die happy.
- 131-Year-Old Confederate Statue Removed From Alexandria Intersection
- All the History I Learned in my Youth Came from the American Girl Doll Books
- Is This the Worst Year in Modern American History?
- Role-Playing Games are Breathing New Life into the History Classroom
- Dallas Awarded $50,000 to Preserve Civil Rights History
- What Is Antifa, the Movement Trump Wants to Declare a Terror Group?
- Confronting the History of a Southern Asylum: An Interview With Mab Segrest
- Nazi or Hero? Historian Looks at the Stories a German Consultant Told of His Father
- History, Right Now: Echoes of 1968, and Other American Years
- Don't Assume There'll be a 'Post-COVID-19 Era' - Historian Niall Ferguson Tells World vs Virus