So everyone at Food and Wine was just called in for a "great news!" meeting; they were told that the mag's publisher is becoming the Travel and Leisure publisher, and that the associate publisher is being promoted. But! Despite that framing, the American Express Publishing mag staffers are still in a tizzy. They think the assumption is the two mags can be blended; lots think one might fold.
So everyone at Food and Wine was just called in for a "great news!