Joe Pompeo of Capital New York is reporting that outgoing New York mayor Michael Bloomberg will return to Bloomberg LP, probably with a role at its commentary business Bloomberg View.
Pompeo writes, “Sources familiar with the matter told Capital that Bloomberg, who founded the company in the early 80s and built it into a financial news and information titan, will both write for Bloomberg View and wrangle bold-faced guest contributors for the site, which launched in 2011 as an opinion supplement to Bloomberg’s flagship news service.
“One of the titles being considered for Bloomberg, sources said, is ‘chairman of Bloomberg View.’
“A spokesperson for Bloomberg Media Group reached by Capital this afternoon declined to comment for this story. Kevin Sheekey, Bloomberg L.P.’s head of government relations and communications, did not immediately return a call or an email seeking comment.
“The move ends years of speculation about the capacity in which Bloomberg might return to his multi-billion-dollar media empire after leaving political office. He was precluded from drawing a private sector paycheck but allowed to weigh in on major strategic decisions for Bloomberg L.P. in his capacity as majority shareholder.”
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