|
|
Article: Bloomberg Agrees to Acquire BusinessWeek.
- Article from:
- Entertainment Newsweekly
- Article date:
- October 30, 2009
CopyrightCOPYRIGHT 2009 NewsRX. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Bloomberg L.P., the leading provider of news and information for financial professionals, has agreed to purchase BusinessWeek, publisher of the world's most-read business weekly, from The McGraw-Hill Companies, Inc. Terms of the agreement were not disclosed.
"The BusinessWeek acquisition will yield huge benefits for users of the Bloomberg terminal, and for our television, online and mobile properties," said Daniel L. Doctoroff, president of Bloomberg L.P. "We couldn't be more excited."
"Although Bloomberg has built one of the world's largest news organizations with more than 2,200 journalists, our primary audience has been our 300,000 BLOOMBERG ...