Forbes jumps into hot media liquidity summer with a SPAC combo

Forbes jumps into hot media liquidity summer with a SPAC combo

4 years ago
Anonymous $drS9DEX_Sj

https://techcrunch.com/2021/08/27/forbes-jumps-into-hot-media-liquidity-summer-with-a-spac-combo/

What a busy week in the world of media liquidity.

That’s a sentence you don’t get to write often. Regardless, news broke this week that Axel Springer is buying U.S. political journalism outfit POLITICO. The transaction was expected, but the eye-popping roughly $1 billion price tag still has tongues wagging. We even got on the podcast to chat about it.