Get a curated selection of 10 of our best stories in your inbox every weekend. ArrowRight The current owner of the U.S. media group, Integrated Whale Media, said Tuesday it was terminating its agreement to sell Forbes to the Russell-led group, which “couldn’t deliver on closing,” according to Bill Hankes, a Forbes spokesperson who declined to comment further. In five audio recordings obtained by The Post, Musaev, who also holds the license to publish the Russian-language edition of Forbes, had claimed he was the buyer of Forbes. In a separate video recording reviewed by The Post, Musaev had described Russell as the “face” of the deal while insisting his own involvement be kept quiet. In a memo to staff, Forbes CEO Mike Federle said the cancellation did not affect “day-to-day operations or business goals.”

Source: Forbes November 21, 2023 23:19 UTC