Bloomberg interested in Dow Jones or Washington Post

Michael Bloomberg

Billionaire Michael Bloomberg is interested in acquiring either Wall Street Journal parent Dow Jones & Co. or The Washington Post, reports Mike Allen and Sara Fischer of Axios.

Allen and Fischer report, “Bloomberg wants to expand his media empire and sees Dow Jones as his ideal fit, but he would buy the Post if Jeff Bezos were interested in selling, the source said.

“The combination of Bloomberg and Dow Jones would create an unparalleled business news behemoth.

“Details: Bloomberg, the source notes, would be interested in a potential acquisition of either property, but Dow Jones — the publisher of financial titles such as The Wall Street Journal, Barron’s and MarketWatch — would be a stronger target.

“Bloomberg is close to Dow Jones parent News Corp’s owner, Rupert Murdoch, and believes efforts to merge News Corp and its sister company Fox Corporation will fail, creating a possible opening.”

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Chris Roush

Chris Roush was the dean of the School of Communications at Quinnipiac University in Hamden, Connecticut. He was previously Walter E. Hussman Sr. Distinguished Professor in business journalism at UNC-Chapel Hill. He is a former business journalist for Bloomberg News, Businessweek, The Atlanta Journal-Constitution, The Tampa Tribune and the Sarasota Herald-Tribune. He is the author of the leading business reporting textbook "Show me the Money: Writing Business and Economics Stories for Mass Communication" and "Thinking Things Over," a biography of former Wall Street Journal editor Vermont Royster.