Brant’s Art in America Sold to Owner of ARTnews

New York Times: Two of the most venerable American art publications will now be owned by the same company and will be merged into a single entity online. Peter Brant, the contemporary art collector and publisher, has agreed to sell Art in America, which has been published since 1913 but has struggled recently as have other specialty magazines, to the company that owns ARTnews, published since 1902. Under the terms of the deal, Brant’s media company would become the majority shareholder of ARTnews’s parent, ARTnews, which is listed on the Warsaw Stock Exchange and has its primary operations in New York.