Reuters reporter Franklin is departing
Reuters reporter Joshua Franklin is leaving the news organization after seven and a half years. His last day is Friday. “Stay tuned for news soon on my next move,” he wrote on Twitter. Franklin has been covering mergers and acquisitions, initial public offerings and corporate finance for Reuters since May 2019. He previously covered private equity and […]
Forbes considers SPAC, and investor bid for $700 million
Forbes Media is in talks to go public through a merger with a special purpose acquisition company as it attracts acquisition interest, including an offer for $700 million, according to a Reuters report. Joshua Franklin, Echo Wang and Krystal Hu of Reuters report, “Forbes’ owner is also fielding offers from bidders including investment vehicle Borderless […]
M&A reporter Spaulding departs Reuters
Rebecca Spaulding, a mergers and acquisitions reporter at Reuters, has left the news organization. Her last day was last week. “I’m moving on to something new and very exciting that I will talk about soon,” she wrote on Twitter. “But for now, I’m so thankful for having worked with all my Reuters colleagues, who are […]
Forbes hires Dowd to cover private equity and deals
Forbes announced Monday the hiring of Kevin Dowd to cover private equity and mergers and acquisitions. Dowd previously wrote about the private markets for PitchBook, where he created the Weekend Pitch newsletter. Kevin’s newsletter at Forbes will be called Deal Flow and will be focused on mergers and acquisitions. His first newsletter will debut on […]
How a Bloomberg reporter was used for insider trading
Longtime business journalist Bill Grueskin writes for Columbia Journalism Review about the case of alleged insider trading where the investor used Bloomberg News reporter Ed Hammond to drop tips of deals that he traded upon. Grueskin writes, “The indictment notes that Peltz’s moves were timed closely to stories that ran at “a financial news organization.’ While the newsroom […]
Holding company hires Rosen to do financial media M&A
Holding company Tifin Group has hired the former CEO of StockTwits as a partner to look for acquisitions in financial media. Ian Rosen was also the former general manager of MarketWatch.com. He will be CEO of a new operating company called Financial Answers, which is focused on acquiring and operating media companies. The plan is to look […]
Davis joining M&A team at Bloomberg
Liana B. Baker, U.S. team leader for mergers and acquisitions, sent out the following announcement on Wednesday: Michelle F. Davis will be joining the deals team on April 5 as an M&A reporter with a focus on health care, one of the busiest areas of global activity, as well as acquisition financing across all sectors. Michelle […]
Green Street, real estate news company, acquires React News
Green Street, which provides real estate news, has acquired London-based React News, which covers European real estate news, for an undisclosed price. Green Street acquired Real Estate Alert, a big competitor of CoStar News, last year. “This acquisition accelerates our goal of providing exclusive and differentiated news in Europe to extend Green Street’s U.S. News […]
Insider seeks an editor to launch deals coverage
Insider is looking for a superstar editor to help launch our deals coverage. You’ll be responsible for guiding and editing stories that break news on tech-focused M&A, IPOs, as well as private fundraising. The editor should have a proven track record of breaking deal news, as well as impeccable news judgement. The role will also […]
Industry Dive acquires Mobile Payments Today
Business news organization Industry Dive announced Wednesday its acquisition of Mobile Payments Today, which is focused on mobile payments projects and technology, for an undisclosed amount. Under the agreement, Mobile Payments Today will continue to publish under its regular format until Payments Dive, Industry Dive’s planned publication dedicated to the market, launches March 1. This […]