END OF THE FORBES ERRA

All good things come to an end, even for the rich, and sometime this month, Forbes will probably pass out of family control and into the hands of a foreign owner. There were reports that Fosun International, a Chinese conglomerate, would buy the magazine at a price of about $250 million, but people close to the deal, who spoke on the condition that they not be named during active negotiations, said that Fosun was not the likely buyer and that the stated price was low. Other foreign buyers are in the mix: Singapore’s Spice Global Investments has been among those mentioned, as has Germany’s Axel Springer S.E. Still, regardless of the specifics, sometime this month a magazine that was a once-lustrous emblem of American greatness, of capitalism in full cry, will most likely be sold for small money to a foreign buyer.

Foreign Buyers Eyeing Forbes Magazine, a Chronicler of the World’s Wealthiest