Dennis Deal Far From Dead
Oct. 27 2008, Published 7:07 a.m. ET
SEXY BEAST Maxim The on-again, off-again sale of Dennis Publishing is on ... again! After balking earlier this summer, sources say British men's magazine mogul Felix Dennis is once more leaning toward selling Maxim, Stuff, and Blender, three of the four titles that make up his U.S. holdings. (The Week, the fourth title, would likely not be part of any deal.) Dennis president Stephen Colvin, after lying dormant through the late summer, is once again in a frenzy of activity, which insiders believe is related to a sale.
- Cruel ‘Baywatch Curse’ Claims Another Victim: Show Star Michael Newman Killed By 'Heart Complications’ Aged 68 — After Declaring Terminal Illness Gave Him ‘Wisdom’
- Royal on the Run: Desperate Prince Harry 'Battling to Escape Clutches of Diva Duchess Wife' – Even When He's Flying Solo Halfway Across World
- Justin Bieber at Center of New Mental Health Scare as He Posts Video Tribute to Tragic Liam Payne Six Days After Boybander's Death: 'You're Allowed to Cry and Break'
DAILY. BREAKING. CELEBRITY NEWS. ALL FREE.
Moreover, advertising reps at Dennis were recently told they were required to meet face-to-face with Colvin to review each and every one of the company's accounts. Of course, Colvin's zeal is motivated by more than mere loyalty: Sources say both he and CFO/COO John Lagana own a piece of the company and are eager to cash in. "Both of them would love to retire," says an executive close to the negotiations.