Business 2.0 To Close After October; No Sale

So it has finally been decided, as long rumored: Business 2.0 magazine is closing down, after Time Inc. (NYSE: TWX) tried to sell it but in the end decided not to. The October issue, to be closed next week, will be the final one, reports NYT’s Bits blog. The magazine got a one month extension last month, as the parent company tried to sell it, and reports pegged offers from Mansueto Ventures and others. But Time Inc. did not want to boost a competitor, and look bad in case the magazine was revived. The Bits post says

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