MediaNews Group acquires Minnesota newspapers
MediaNews Group, owner of the St. Paul Pioneer Press, has bought assets of Red Wing Publishing/Big Fish Works, according to reports. The agreement encompasses a number of weekly newspapers including the Lakeshore Weekly News, the Chanhassen Villager, Chaska Herald, Eden Prairie News, Jordan Independent, Shakopee Valley News, Prior Lake American and the Savage Pacer. These […]
ViacomCBS weighing options for CNET
ViacomCBS Inc. is weighing options for CNET after receiving takeover interest in the tech product review site, reports Ed Hammond and Nabila Ahmed. Hammond and Ahmed report, “A number of potential suitors contacted ViacomCBS about the unit after Chief Executive Officer Bob Bakish said he’s looking to offload non-core assets following a merger with CBS Corp. last […]
Activist Insight hires Booth as senior financial journalist
Jason Booth has joined Activist Insight as a senior financial journalist. He will be based in New York. Booth joins a team of five journalists and will be covering all the information service’s platforms, including daily news, in-depth articles, special reports, and activism vulnerability reports based on the organization’s proprietary data. Booth brings more than […]
Yahoo Finance reporter Hu joins Reuters deals team
Reuters has expanded its deals team in New York by hiring Krystal Hu to the team. There, Hu will be covering mergers and acquisitions in the technology, media and telecommunications sectors. Before joining Reuters, Hu was working at Yahoo Finance where she reported on technology for the last two years, breaking major stories on some […]
News Corp. set to sell video advertising platform Unruly
According to Sky News, News Corp., owner of Dow Jones & Co., has negotiated a provisional deal with Tremor International, a London-listed ad technology company, to sell the advertising platform Unruly, which the company initially bought in 2015. The transaction is expected to be announced to the stock market and will see News Corp. selling […]
Mergermarket seeks health care M&A reporter
Acuris, a global publisher of financial news, data and analysis, is seeking a full-time Business News Reporter for its Mergermarket product to cover mergers and acquisitions. The reporter will be an important part of our expanding Charlottesville-based team, providing coverage on private transactions involving small, medium and large companies. Founded in 2000, Mergermarket has 67 locations across Europe, North & […]
Bloomberg Media acquiring CityLab for undisclosed amount
Bloomberg Media intends to purchase CityLab, a brand from The Atlantic created in 2011 as a standalone website devoted to covering cities and how they are innovating for the future, reports Sara Jerde of Adweek. Jerde reports, “The transaction is expected to close by the end of the year, and financial terms of the arrangement […]
Reorg hires Reddan as M&A reporter
Darcy Reddan has been hired by Reorg as a mergers and acquisitions reporter. He started this week. Reddan has been with Law360.com, where he was on its deals team. He covered mergers & acquisitions, private equity, asset management and capital markets as well as real estate and construction. He also worked for Canada Sports Betting. Reddan […]
Reorg acquires China news service Dai1 Media
Reorg, a financial media and technology company has acquired Dai1 Media, a subscription-based provider of news and analysis of special situations based in China. Reorg announced the news Tuesday. The terms and conditions of the deal were not disclosed. “As part of our global growth strategy, Reorg has invested heavily in Asia over the last […]
WSJ: Bloomberg LP could fetch $50 billion
Telis Demos of The Wall Street Journal examines the possibilities of a sale of Bloomberg LP, the parent of Bloomberg News and Bloomberg Media, should majority owner Michael Bloomberg become president. Demos writes, “So what would Bloomberg LP be worth? Refinitiv, which sells a competing terminal and also has data and trading assets, was acquired […]
