Bloomberg snares BusinessWeek (Dealscape

Bloomberg LP has agreed to buy BusinessWeek. The financial news and information provider announced late Tuesday that it had agreed to acquire the business news magazine from New York's McGraw-Hill Cos. Terms were not disclosed, but the price is believed to range from $15 million to $40 million.

The move closes a three-month auction. "BusinessWeek, with its extraordinary context and perspective on the economy and companies, presents a giant opportunity for the Bloomberg News service to reach decision makers in the most important industries," said Bloomberg News editor-in-chief Matthew Winkler in a statement.

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179 articles related to Bloomberg LP
107 in-depth reports of Auctions in the Media sector from the past year
60 articles related to BusinessWeek
12 in-depth transaction records for McGraw-Hill Cos.
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NOT A SUBSCRIBER? Bloomberg snares BusinessWeek Posted on October 14, 2009 3:00 PM Bloomberg LP has agreed to buy BusinessWeek. The financial news and information provider announced late Tuesday that it had agreed to acquire the business news magazine from New York's McGraw-Hill Cos. Terms were not disclosed, but the price is believed to range from $15 million to $40 million. The move closes a three-month auction. "BusinessWeek, with its extraordinary context and perspective on the economy and companies, presents a giant opportunity for the Bloomberg News service to reach decision makers in the most important industries," said Bloomberg News editor-in-chief Matthew Winkler in a statement. This is a free content preview. Subscribers enjoy access to all stories in full as well as second-to-none market intelligence. Dig deeper, with Pipeline. 179 articles related to Bloomberg LP 107 in-depth reports of Auctions in the Media sector from the past year 60 articles related to BusinessWeek 12 in-depth transaction records for McGraw-Hill Cos. 10 years of news and analysis archives from the voice of The Deal Economy Most searched keywords Deutsche Bank Birds Eye Cadbury AG Agrium Inc. Skadden Arps Revolution Money Tandberg ASA Aisling Capital Ken Lewis Natco		EXISTING USERS Username Password Forget your password? Missing a product?

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