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January 31, 2011 02:30 ET | Source: Hearst Corporation

Statement By Hearst Corporation Regarding Negotiations to Acquire Lagardere's International Press and Magazine Business

NEW YORK, NY--(Marketwire - January 31, 2011) - Hearst Corporation and Lagardère SCA (MMB.FR) today announced that Hearst has made a binding cash offer of EUR 651 million for Lagardère's...