"The Investment Answer," written by former Lehman Brothers managing director Gordon Murray and financial adviser Dan Goldie, has been acquired by Business Plus, an imprint of Grand Central Publishing. The publisher said Thursday it will have a new edition out by Jan. 25.
The "Investment Answer" became an instant hit after an article appeared last week in The New York Times. Murray has been diagnosed with brain cancer.
Financial terms were not disclosed, but two publishing executives with knowledge of negotiations said bidding had reached at least $1 million.
[Associated
Press; By HILLEL ITALIE]
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