The brief joint statement read: Hearst UK and Condé Nast Britain have decided to withdraw from the jointly-held magazine distributor, COMAG. As a result, COMAG will be consulting with its staff and will also remain in close contact with its clients and suppliers. The shareholders are committed to this being a thorough, well-managed process for all parties.
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Hearst and Condé Nast to withdraw from COMAG
Hearst UK and Condé Nast Britain this morning released a joint statement announcing their withdrawal from COMAG.
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