Forbes acquisition could fetch $800 million
A deal to sell Forbes magazine and its operations to a group of investors would be for $800 million and include an Indian-based investor, reports Kia Kokalitcheva and Sara Fischer of Axios. Kokalitcheva and Fischer write, “The Forbes bidding consortium includes SUN Group, a family-owned Indian investment firm led by vice chairman Shiv Khemka, and GSV Ventures, […]
Eichelberger departs MLex for Amazon
MLex Market Insight senior correspondent Curtis Eichelberger has left the news organization to become senior manager of policy communications at Amazon. He was at MLex since January 2016. Eichelberger previously spent more than 15 years at Bloomberg News, where he covered the business of sports. He is the author of the book “Men on Sunday,” about the […]
Forbes CEO: Potential acquirer is family offices and global investors
Forbes chief executive officer Mike Federle sent out the following on Tuesday: Hi everyone – I wanted to give you a quick update that we have entered into exclusive discussions with an interested buyer for Forbes. This is very early in a process which could take months to complete, so I’m limited in the level of detail […]
Forbes near deal to sell to investors
Forbes is in advanced talks to sell itself to a group of investors, approaching a deal that would bring the chronicler of the wealthy and powerful under new ownership, reports Lauren Hirsch and Benjamin Mullin. Hirsch and Mullin write, “Forbes had been seeking at least $800 million in a sale, but the final price will most […]
Law360 seeks a senior M&A reporter
Law360, a LexisNexis company, is an online newswire for business lawyers that covers major litigation, transactions, and regulatory issues. Founded in 2004 and acquired by LexisNexis in 2012, Law360 is a cutting-edge organization and one of the fastest-growing subscription news services in the U.S. Our subscribers include the largest law firms in the U.S. and […]
Reuters seeks a reporter to cover French M&A and banking
Reuters is looking for a scoop-driven and tenacious correspondent to break stories on France’s largest M&A deals and its banking industry. It’s an intense beat covering a sector where decisions on sensitive transactions and key restructurings are closely scrutinized by the government, but one that will give the successful candidate the opportunity to produce exclusive […]
Monks named US deals team leader at Bloomberg
Liana Baker, managing editor of U.S. deals at Bloomberg News, sent out the following on Friday: We’re excited to announce that Matt Monks has been promoted to Team Leader on the US Deals team. He’ll continue to work closely with me overseeing the team’s priorities and strategy to ensure we’re getting our scoops and smart […]
D’Amico hired by CTFN as deputy editor
Esther D’Amico has been hired by CTFN as deputy editor. D’Amico will initially focus on antitrust coverage and serve as a writing resource for reporters and help to further develop CTFN’s in-house style. Prior to joining CTFN, D’Amico led U.S. antitrust, Committee on Foreign Investment in the United States, and congressional coverage at Acuris’s Dealreporter […]
Reuters seeks M&A reporter covering tech, media and telecom
Reuters is looking for an ambitious and passionate journalist who thrives on big scoops to be part of its U.S. deals team and report on mergers and acquisitions, with a focus on the technology, media, and telecom (TMT) sectors. The successful candidate, who will be based in New York or San Francisco, will consistently break market-moving news on major deals involving the […]
Reuters hires Summerville for M&A team
Anirban Sen, editor in charge of U.S. mergers and acquisitions at Reuters, sent out the following on Wednesday: I’m pleased to announce that Abigail Summerville has joined us as a M&A Correspondent, based in New York. In her new role, Abigail will focus on breaking news and landing the biggest scoops in the consumer and […]
