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INDUSTRY-US-JOHNSON-JOHNSONFrom Reuters.com:

NEW YORK (Reuters) – Magic Johnson, the Hall of Fame basketball player, is in talks to purchase Johnson Publishing Co, the publisher of Ebony and Jet magazines, Bloomberg reported on Friday.

Bloomberg cited Eric Holoman, president of Los Angeles-based Magic Johnson Enterprises, as saying “there have been discussions.” Holoman declined to comment further, Bloomberg said.

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Holoman could not immediately be reached by Reuters for comment.

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