Uzabase Agrees to Sell Business News Site Quartz

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The co-founder of Quartz and its editor in chief agreed to buy the business news website from Japanese financial data and media company Uzabase, a deal that comes as Quartz has suffered from the economic fallout from the coronavirus pandemic

The co-founder of Quartz and its editor in chief agreed to buy the business news website from Japanese financial data and media company Uzabase Inc., a deal that comes as Quartz has suffered from the economic fallout from the coronavirus pandemic.

Uzabase said the site would be sold to Quartz’s co-founder and chief executive, Zach Seward, in a management buyout that would make it private once again. Editor in Chief Katherine Bell will take a minority stake. The terms of the deal weren’t disclosed.

 

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