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New Intel About the Hachette Sale and the Fate of Elle Decor

Despite year-end reports that Lagardére was fielding offers from both Meredith Corp. and Bauer Publishing to buy the magazines published by Hachette Filipacchi, on Dec. 31 frontrunner Hearst entered into a monthlong period of exclusive negotiating rights. Which means it's now more likely than ever that pubs such as Elle Decor will have a new publisher by Feb. 1. [NYP; previously]