[3] Having received a divorce settlement reported at $100 million, Lear could afford to run the magazine the way she wished.

He claimed that "the staff was bloated and Lear wasted more than a hundred thousand dollars every month."

Although there were publishers interested in taking over, Lear would not permit Schorr to make a deal because her name on cover made her "eternally vested".

[citation needed] When Lear's closed in 1994,[2] the executive director Evelyn Renold said "A lot of us feel that we have done our very best work at this magazine.

We put out a smart, stylish magazine for grown-up women, and I feel there is nothing quite like it out there now.