Tags » Axel Springer
Who saw the recent sale of the Financial Times (FT) from Pearson to Nikkei for $1.3 billion coming? The sale of The Economist, also owned by Pearson, three weeks later, was less of a surprise, as Pearson set forth its new streamlined… 882 more words
The proposed mega merger between German TV giant ProsiebenSat and leading print group Axel Springer is off after talks between the two companies broke down. It is believed that concerns over anti-competition regulations were a factor. 225 more words
Here’s an interesting quote from today’s NY Times, in an article entitled “Pearson in Talks to Sell Its Stake in the Economist Group” :
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The German media company Axel Springer and the financial information company Bloomberg, which came close to buying The Financial Times, were also approached, the newspaper reported.
Pearson PLC, the British company that publishes The Financial Times, is said to be exploring a potential sale of its venerable business daily—known for its salmon-colored newspaper pages—for as much as $1.6 billion, … 654 more words
German media titans ProSiebenSat and Axel Springer could be on the verge of a mega $16 billion merger according to reports. The Wall Street Jounal says talks to combine the two companies are at an early stage and could still face regulatory anti-competition hurdles. 171 more words