Article: German firm to announce deal to buy Fast Company.(Business)

Gruner & Jahr USA Publishing, a unit of German media giant Bertelsmann AG, is expected to unveil a deal today to buy the Fast Company magazine, the Hub-based publication known for its fast growth and fast take on the business world.

Fast Company Chief Marketing Officer Linda Lewi would only say yesterday that there will be an event in New York today where Fast Company and Gruner & Jahr executives will make an announcement.

But sources say Gruner & Jahr, which recently bought Inc. magazine, another Boston-based business publication, has a deal to buy Fast Company, the new economy business publication owned by New York real estate and media ...

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