Entire Company and Forbes Family

Forbes family: The Forbes family will retain a "significant" but undisclosed minority ownership position in the company after the sale, which values the entire company at $475 million. Steve.., according to Wall Street Journal and The Forbes family is giving up control of the business magazine which bears its name, striking a deal to sell a majority stake in Forbes Media LLC to a Hong Kong investor group for more than $300 million, according to people familiar with the sale. (news.financializer.com). As reported in the news.