Rupert Murdoch’s News Corp to Buy Investor’s Business Daily for $275 Million

  • 📰 Variety
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 63%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

News Corp plans to acquire Investor’s Business Daily, the stock-analysis and investment research publication, for $275 million — which would add another arrow in its financial-media quiver. I…

plans to acquire Investor’s Business Daily, the stock-analysis and investment research publication, for $275 million — which would add another arrow in its financial-media quiver.

The deal is subject to regulatory approval and other closing conditions. News Corp expects to close the IBD acquisition by the end of June 2021. The company is buying IBD from O’Neil Capital Management, a private fund management company headed by William J. O’Neil, founder of IBD.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 108. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines