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Julie Cohen
Director of Marketing and Communications
212.701.3614
jcohen@cahill.com

Cahill Represents Forbes in Formation of Forbes Media LLC

Date: 08/04/06

Cahill recently represented Forbes in its sale of a minority stake in a newly-formed company, Forbes Media, which includes the 89-year-old Forbes magazine; the Forbes.com Web site; and a number of smaller media properties, to private equity group Elevation Partners.

"This investment by Elevation Partners will now accelerate our pursuit of a number of very exciting opportunities for growth,'' said Steve Forbes in a statement. "The team brings impressive experience and great expertise, and they are particularly strong in technology, media and entertainment innovations.''

Julie Cohen
Director of Marketing and Communications
212.701.3614
jcohen@cahill.com