Old Music News of article 244166 for 2006-08-07

Forbes sells stake to equity group

AP - The privately held Forbes said Monday it sold a minority stake in its media holdings to private equity firm Elevation Partners, which includes the singer Bono as a partner, for an undisclosed amount.

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http://us.rd.yahoo.com/dailynews/rss/music/*http://news.yahoo.com/s/ap/20060807/ap_en_mu/forbes_partnership