Bloomberg has no real interest in buying Dow Jones or Washington Submit, spokesman saysYesterday
Bloomberg L.P. has no real interest in buying both Dow Jones or the Washington Submit, a Bloomberg L.P. spokesman mentioned in a tweet.
“There have been no conversations with anybody or both group about an acquisition,” spokesman Ty Trippet mentioned within the tweet, which was retweeted by billionaire proprietor Michael Bloomberg.
Information web site Axios reported on Friday that Bloomberg was enthusiastic about buying both Wall Avenue Journal mum or dad firm Dow Jones from Rupert Murdoch’s Information Corp, or the Washington Submit from Amazon.com’s Jeff Bezos, citing a supply acquainted with Bloomberg’s considering.
On Friday, citing sources, Reuters reported Mr. Bloomberg had expressed a want to personal a big-name newspaper through the years however had not reached out to Mr. Murdoch to debate a potential buy of Dow Jones and its flagship paper the Journal.
A spokesperson for the Washington Submit, which Mr. Bezos purchased in 2013 for US$250 million, mentioned on Friday it was not on the market.
Antitrust consultants agreed the merger of Bloomberg and Dow Jones enterprise information divisions would draw the scrutiny of U.S. regulators, particularly because the Biden administration has taken a extra muscular strategy to implementing antitrust legal guidelines.
Reuters, a part of Thomson Reuters Corp, competes with Dow Jones and Bloomberg Information, a unit of Bloomberg L.P., a supplier of monetary information.