Bauer Media is not currently in negotiations to take over all or some of the BBC’s magazines, according to a report.
Despite earlier reports that Bauer was one of the leading contenders to take on the BBC’s portfolio of magazine titles, The Guardian reported that Bauer was not in ‘active negotiations’and that the BBC was progressing with its sale to other candidates.
The Telegraph reported this morning that a number of companies existed the race after bids of some leading media business were slashed after it emerged that Top Gear and Radio Times were not for sale.
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