Who buys Bloomberg if its owner becomes president?
Jennifer Saba of Reuters Breakingviews writes about what would happen to Bloomberg LP if its owner became president. Saba writes, “The company’s revenue will hit $10.5 billion this year, with a 37% profit margin, Burton-Taylor International Consulting reckons. Add back taxes and capital expenditures, and Bloomberg’s EBITDA may be around $5.3 billion. At 12 times those […]
Tech site Pando sold; Editor and founder Lacy departs
Tech news site Pando has been sold, and editor and founder Sarah Lacy is leaving journalism. Lacy writes, “This is my last post as editor in chief and CEO. Paul Carr and I have sold Pando to a brand new owner. And for the first time in my career, I am no longer a journalist. “I have so much to […]
Meredith sells Money to digital advertising firm
Meredith Corp. announced Tuesday that it sold the personal finance Money brand to Ad Practitioners, a Puerto Rico-based digital advertising and media company that operates websites, including ConsumersAdvocate.org, for an undisclosed amount, reports Todd Spangler of Variety. Spangler reports, “Meredith acquired Money as part of its January 2018 acquisition of Time Inc. and is the […]
Fox closes acquisition of 67 percent of fintech start-up
Fox Corp. announced that the company has closed on its $265 million acquisition of a majority stake in financial technology start-up, Credible Labs, according to reports. The company has been publicly traded in Australia. The deal was announced last summer in which Fox has now acquired a 67 percent stake in the company while pledging […]
Reuters seeks tech and media M&A reporter
Reuters is looking for an experienced and highly competitive business journalist to be part of its U.S. deals team and report on mergers and acquisitions in the technology, media and telecommunication sectors. The role requires a deep understanding of how corporate executives and deal makers operate, strong source-building and networking skills, and the ability to […]
Business Insider seeks tech M&A reporter
Business Insider is hiring a full-time tech M&A deals reporter to work on the finance editorial team The reporter will focus on breaking news on the biggest deals in the technology, media and telecommunications space — an industry that is rapidly transforming our lives. The reporter should already have a deep Rolodex of sources, a […]
Reuters hires Spalding to cover health care M&A
Reuters has hired Bloomberg News reporter Rebecca Spalding to cover mergers and acquisitions in health care, biopharmaceuticals and industrial industries. She will be based out of New York. “Thank you all for your kind words in the last few days! It’s a great team and I’m excited for the new challenge,” she wrote on Twitter. […]
Mergermarket hires Jacobsen to cover French M&A
Jax Jacobsen has been hired by Mergermarket to cover mergers and acquisitions in France. Jacobsen previously worked for SNL Financial, now S&P Global Markets, as its Canadian mining correspondent, where she covered growing Aboriginal influence in the sector. She was also managing editor at Central Asia Newswire, where she monitored and reported on developments in the […]
Dealreporter seeks an M&A columnist
Dealreporter, an Acuris-owned company, is looking for a co-writer to add to our New York-based team that produces the Morning Flash, a daily newsletter read by many of the world’s top fund managers. Each morning, the Morning Flash team picks out hints of future material developments in merger arbitration and special situations by combing through […]
Ryan Gould hired by Mergermarket
Ryan Gould is joining Mergermarket, an Acuris company, as a reporter. Mergermarket is focused on mergers and acquisition coverage. He starts next month. Prior to Mergermarket, Gould was the head of content at Capital.com. Gould has also worked as senior news editor at Charwell. He was also the editor-in-chief at Palatinate.
