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Politico sells to German publishing giant Axel Springer in deal worth about $1 billion
CNBC ^ | AUGUST 26, 2021 | Lauren Feiner - Alex Sherman

Posted on 08/26/2021 12:01:40 PM PDT by Red Badger

KEY POINTS German publisher Axel Springer plans to acquire digital media site Politico. The deal is worth about $1 billion, according to a person familiar with the situation. The acquisition grows the publishing group’s portfolio further, adding to its ownership of Insider and Morning Brew.

(Excerpt) Read more at cnbc.com ...


TOPICS: Business/Economy; Computers/Internet; Society
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To: dfwgator

agree


21 posted on 08/26/2021 1:22:49 PM PDT by faithhopecharity (Politicians are not born, they are excreted. Marcus Tullius Cicero (106 to 43 BCE))
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To: Red Badger

Sieg heil.


22 posted on 08/26/2021 1:30:17 PM PDT by Bookshelf
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To: Bookshelf

23 posted on 08/26/2021 1:33:43 PM PDT by dfwgator (Endut! Hoch Hech!)
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To: Red Badger

Yahoo has a bigger reach and it is valued at a far smaller amount. German publisher Axel Springer will be sorry.

You will hear them shouting at the quarterly results: NEIN! NEIN! NEIN!


24 posted on 08/26/2021 2:25:44 PM PDT by minnesota_bound (I need more money. )
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To: The people have spoken

#5 Is Axel Springer related to the academic publisher Springer, founded by Julius Springer in 1842?

Nein, that was his cousin twice removed.


25 posted on 08/26/2021 2:27:45 PM PDT by minnesota_bound (I need more money. )
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