may be about to invest in another media company.
Keith Kelly in the New York Post reports
that the billionaire founder and chief of Chicago-based mutual fund ratings giant Morningstar
"is rumored to be looking at Forbes Media."
According to the newspaper, sources expect Forbes
to sell for "far less than the $400 million" that its backers want.
Mansueto already has several other media investments. His Mansueto Ventures
backs Fast Company
, and he's a backer of Wrapports
, which bought the Chicago Sun Times
Neil Anderson, Managing Editor
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