Truckin mag aka Primedia for sale!?

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Truckin mag aka Primedia for sale!?
22below avatar
22below
+1y
Primedia's 73 enthusiast magazines, 90 enthusiast websites and 65 events are up for sale to the highest bidder. In an effort to reduce the company's $1.3 billion debt, Primedia hopes to fetch $1 billion from the sale.

Who will end up with our favorites, "Truckin'", "Sport Truck", "Truck Trend", "Four Wheeler", and "4Wheel & Off-Road"? Only time will tell.

PRIMEDIA Announces Intention to Sell Enthusiast Media Segment

NEW YORK, NY (February 9, 2007)
22below avatar
22below
+1y
someone will buy it and keep the truck mags alive right!!!??? Minitruckin is Primedia, right!!??? Whats gonna happen!!
PleasuresBurban avatar
PleasuresBurban
+1y
Only 1 Billion? Hell ill take 2 or 3...Who do i make the check out too?
CivicTukn19s avatar
CivicTukn19s
+1y
Every one that works for the truck mags watch your A** whenever there is a sale of a company. They layoff people before and after the sale. If I was working for any of the mags, I wouldn't be buying a new car or home until the dust settles. Let's hope for the BEST!
2tonesdime5 avatar
2tonesdime5
+1y
one billion seems really cheap for 73 enthusiast magazines, 90 enthusiast websites and 65 events
menace avatar
menace
+1y
wonder if i could get a loan for $1,000,000,000?
acrotoy avatar
acrotoy
+1y
i hope whoever buys it takes all the damn boat shit out of it and goes back to featuring what the mag is called,trucks
trashed avatar
trashed
+1y
do they have paypal? my client from nigeria is intrested and he would like to see more pictures.

reguards, zach.
jmn444 avatar
jmn444
+1y
I don't understand who would pay 1 bil for a 500 mil a year company... even with an optomistic 100 mil profit, that's 10X earnings... I don't think you can finance that and make money....
bmxr4life87 avatar
bmxr4life87
+1y
ok what about minitruckin? I didnt see their name mentioned anywhere but they are primedia as well, that would be the ultimate blow to the Truck scene as a whole to loose 80% of our magazines so lets all pray for the best