Diller: mag buy foolish

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Buying Newsweek was a big mistake, Barry Diller admitted yesterday.
“I wish I had not bought Newsweek. It was a mistake,” Diller, the CEO of IAC/InterActiveCorp, told Bloomberg TV.
The 71-year-old media mogul, who already owned The Daily Beast, the online publication led by Tina Brown, said he was… …read more
Source: NY Post

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