Condé Nast’s Owners Set to Reap a $1.4 Billion Windfall From Reddit

The Newhouse family, which controls the Advance media empire, made a 2006 investment of $10 million in the social site, which plans to go public on Thursday.The Newhouse family, which controls the Advance media empire, made a 2006 investment of $10 million in the social site, which plans to go public on Thursday. Advance Publications Inc, Conde Nast Publications Inc, Reddit Inc, Magazines, Media, Newhouse, Steven O, Initial Public Offerings Read More

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