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Newsweek Owner: "I Don't Have Great Expectations. I Wish I Hadn't Bought Newsweek"

Barry Diller, the chairman of Newsweek parent company IAC, told Bloomberg News Monday he didn't have "great expectations for Newsweek" and that he wishes he had not decided to buy the struggling newsweekly that recently cut its print edition.

Posted on April 29, 2013, at 12:50 p.m. ET

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