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Corporate News: AllRecipes.com Bidders; Harper’s Building Sold; Qatar Boosts Lagardere Stake; and More

January 3, 2012
By Michael Cader

Random House is reportedly among the bidders for Reader’s Digest’s successful AllRecipes.com unit, as is Amazon, according to the NY Post, with the auction expected to end soon. Other bidders according to the report include Meredith, which had tried the acquire the property earlier, and Scripps Interactive, which owns the Food Network. NYP Also from Random House, the publisher notes that the week before Christmas, the Illinois Supreme Court dismissed a class action lawsuit against the publisher and former author Timothy Ferriss. The plaintiffs took issue with “bonus material” in THE 4-HOUR BODY that was originally accessible only with a […]

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