Bloomberg-ing of BusinessWeek Begins: Editor Out

Steve Adler resigned as editor in chief of BusinessWeek, the New York Post's Keith Kelly reports, effective as soon as Bloomberg LP completed its expected takeover of the McGraw-Hill magazine. This was to be expected.

There's been talk of insular Bloomberg gutting BusinessWeek and moving the financial information company's own staff; even if things don't go that far, it's hard to imagine the editor atop the financially troubled magazine finding much of a leadership for himself at Bloomberg.

(Pic: Adler, Getty Images.)