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.
Can any Democratic voter explain this magic to me? What is at stake is America's credibility! Will we continue to be the greatest Democracy in the World or will we become a Socialist Bananas Republic?♤
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