Hearst has a tentative agreement in place to buy Rodale, the publisher of Men’s Health, Women’s Health, Runner’s World, and Prevention, for what one source estimates will be a deal worth north of $250 million.
And Rodale employees — at least the 450 or so who remain — will be pleased to know that Hearst is expected to assume the pension liabilities of the 80-year-old, family-run company.
Our sources say that neither side wants to comment until the Justice Department gives the deal a look to make sure it is not violating any antitrust laws. But sources say the deal is expected to pass muster.
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