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M&A

The deed is done: Hearst has acquired the bulk of its $919M acquisition of Lagardère's international titles. The deal includes 50 websites and 100 magazines within the Hachette Filipacchi portfolio, including, of course Elle Decor. The Post is reporting that Hearst will manage to keep most Hachette employees on staff. However, we still have some lingering questions about how things will be done. [Folio; NYP; previously]