German media giant Axel Springer has announced it’s acquiring online business news publication Business Insider, spending some $343 million to acquire 88 per cent of BI’s shares. Axel Springer already had a stake of around nine per cent in the business. Read More http://ift.tt/1KO37ik
Tuesday 29 September 2015
Axel Springer Spends $343M To Buy Business Insider
German media giant Axel Springer has announced it’s acquiring online business news publication Business Insider, spending some $343 million to acquire 88 per cent of BI’s shares. Axel Springer already had a stake of around nine per cent in the business. Read More http://ift.tt/1KO37ik
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