Steve Jobs’s widow buys The At­lantic

The Hamilton Spectator - - CANADA & WORLD -

NEW YORK — Phi­lan­thropist Lau­rene Pow­ell Jobs, the widow of Ap­ple founder Steve Jobs, is buy­ing a ma­jor­ity stake in The At­lantic mag­a­zine.

The value of the sale, made through Jobs’s or­ga­ni­za­tion, Emer­son Col­lec­tive, was not dis­closed.

The At­lantic was founded in Bos­ton in 1857. David Bradley bought it 1999 from New York Daily News pub­lisher Mort Zuck­er­man for $10 mil­lion US, ac­cord­ing to an At­lantic story Fri­day. He moved the mag­a­zine to Wash­ing­ton in 2005.

Bradley’s com­pany says he will con­tinue to run the At­lantic for the next three to five years, and its ed­i­tor-in-chief, pres­i­dent and pub­lisher will keep run­ning daily op­er­a­tions.

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