The New York Stock Exchange has agreed to purchase career advice company Radiate, which was founded by ex-Bloomberg Television anchor Betty Liu, who will join the company as executive vice chairman.
Nicole Bullock and Andrew Edgecliffe-Johnson of the Financial Times write, “NYSE did not disclose the financial terms of the deal, but said the transaction would not affect ICE’s 2018 results or capital return plans.
“Radiate, which has just three full-time staff and about 20 freelancers, has built a library of concise video lessons from chief executives about leadership and management challenges, from how to hire good people to how to fire underperformers. Lessons on time management and how chief executives handle emails were among its most popular videos, Ms Liu said.
“‘We look forward to building on Radiate, the innovative business [Ms Liu] founded, as part of our efforts to enrich the NYSE network and experience for our listed issuers and the broader business community,’ said Jeff Sprecher, ICE’s chairman and chief executive. Ms Cunningham said Ms Liu would ‘help us offer our customers even more opportunities to tap the NYSE network to connect and share ideas on our global stage.'”
Read more here. Liu left Bloomberg TV last month.