Forbes Says Not Being Sold to the Russians

p50054_bigOver the weekend, rumors emerged that private investor ONEXIM Group, led by Mikhail Prokhorov, was buying Forbes and its residual holdings. Having worked at Forbes during the dot-com days, I was intrigued by the development, but couldn’t get any facts about this deal. So I emailed Roger McNamee, who heads up Elevation Partners and is an investor in Forbes. His intervention got me a quick response. “Forbes absolutely denies this rumor, and has no knowledge of the source,” Forbes said in an emailed statement. “Forbes Russia is also not for sale to the ONEXIM group.”

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