Why BusinessWeek Sale Might Only Fetch $1 (MHP):
BusinessWeek is on the block as McGraw-Hill trims the fat. Buyers could include private equity firms or Mansueto Ventures, which publishes Inc. and Fast Company. But one stat has gotten a lot of attention: The FT's assertion yesterday that like TV Guide, BusinessWeek might only sell for $1.
Why so little? How is that possible?