NEW YORK - New York Daily News owner Mort Zuckerman told BusinessWeek magazine on Wednesday that he is one of the bidders for McGraw-Hill Companies Inc's money-losing entity.
Zuckerman did not elaborate on the terms of his offer or his plans for integrating BusinessWeek with his other media holdings, including U.S. News & World Report, BusinessWeek reported on its On Media blog.
Zuckerman is also chairman and co-founder of Boston Properties Inc, a real estate investment trust.
McGraw-Hill favors a combination with financial news and data provider Bloomberg LP, which has also bid for BusinessWeek, a source told Reuters on Wednesday.
Investment firms OpenGate Capital and ZelnickMedia are among other bidders for the magazine.
McGraw-Hill put BusinessWeek, which was founded in 1929 and draws about 5 million weekly visitors to its website, on the block in July and hired investment bank Evercore Partners to run the sale process, another source told Reuters earlier.
Representatives for Zuckerman did not immediately respond to calls seeking comment.
(Reporting by Anupreeta Das; Editing Bernard Orr)