Washington Post Co. (WPO) may put Newsweek on the block, hiring Allen & Co. to explore a...

|By:, SA News Editor

Washington Post Co. (WPO) may put Newsweek on the block, hiring Allen & Co. to explore a sale of the ailing weekly. ""The losses at Newsweek in 2007-2009 are a matter of record," says Chairman Donald Graham. "Despite heroic efforts... we expect it to still lose money in 2010."