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Folio reports that Lebhar-Friedman, the trade publishing giant, is selling one its flagship titles. Penton Media reportedly will acquire Nation’s Restaurant News, and publisher Randall Friedman will join Penton to run its restaurant group, which includes a number of other titles.

The story suggests that Lebhar-Friedman is selling the magazine to pay down its debt on financing it got to acquire Dowden Health Media, which it subsequently sold.

Folio notes that “with the sale of NRN, Lebhar-Friedman retains four retail-focused publications: Home Channel News, Chain Store Age, Retailing Today and Drug Store News.
KC's View:
While I used to be a staff writer at Drug Store News (back in the early eighties) and had a regular column in Chain Store Age just a few years ago, I have absolutely no inside information about the goings on at Lebhar-Friedman.

But one has to wonder if this is the beginning of the end for the company, which almost certainly is enduring the same sorts of pressures that every print-driven publishing company is facing these days.