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Washington Post (WPO +3.2%) confirms it's selling Newsweek to Dr. Sidney Harman, founder of...

Washington Post (WPO +3.2%) confirms it's selling Newsweek to Dr. Sidney Harman, founder of Harman International (HAR +5.8%). Terms were not released, but Harman has agreed to keep most of the staff, while WPO will retain the pension assets and liabilities.
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