links for 2009-10-14

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This post was published on October 14, 2009, and it was categorised as Links.
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Bloomberg Wins Bidding For BusinessWeek

"Bloomberg LP, the global financial data and news empire created by New York City Mayor Michael R. Bloomberg, is the winning bidder for BusinessWeek. Terms of the offer will not be disclosed by Bloomberg and BusinessWeek parent McGraw-Hill Cos. But knowledgeable sources say that Bloomberg’s cash offer is in the $2 million to $5 million range and that it has agreed to assume liabilities, including potential severance payments."

(tags: journalism takeovers)

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James Mitchell

links for 2009-10-14

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