Mykalai Kontilai, whose
controversial past stoked headlines when he
bought Nightly Business Report last August, has hired Paramount Media Advisors to explore options "from selling a minority stake up to selling the entire company,"
the New York Times is reporting. Sources familiar with the situation says Kontilai's company, NBR Worldwide, is exploring a strategic alliance with a bigger partner through a minority investment, although a sale of
Nightly Business Report "would also be considered."
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