In a bumper year of magazine management flips & flops, the publishing world has come to expect anything. In June when the Albert Shaws, father and son, paid Robert J. Cuddihy, Wilfred John Funk and others some $200,000 for the 47-year-old Literary Digest, merged it with the venerable Review oj Reviews as The Digest, it could be supposed that the Literary Digest was permanently in the journalistic limbo. Last week, however, it emerged from temporary eclipse with a new set of owners who will again call it Literary Digest.
The buyers are Mr. George F. Havell & friends. Onetime circulation manager, business...