Radar > 222155

Michael Bloomberg could acquire The New York Times

Michael Bloomberg podría comprar The New York Times

Intel ID : 222155
Synopsis

US entrepreneur Michael Bloomberg is weighing the acquisition of The New York Times. In mid-January 2015, Mexican entrepreneur Carlos Slim became a majority shareholder of the newspaper, through the acquisition of 16.8% of the shares, investing USD 100.96m. (see related transaction).

Bloomberg's intention provoked a rise in the newspaper share price on the New York Stock Exchange, in the last few days.
(content in spanish)

El empresario estadounidense Michael Bloomberg se plantea la compra del diario The New York Times, después de que el empresario mexicano, Carlos Slim, pasara a ser el accionista mayoritario con el 16,8% de las acciones a mediados de enero de 2015. El valor de esa operación alcanzó los USD 100,96m de inversión. (Ver transacción relacionada).

La intención de comprar el diario por parte de Michael Bloomberg ha provocado una subida en el valor de las acciones del periódico en la Bolsa de Nueva York en los últimos días.

Bidder

Private Shareholders I verified

Target

Seller

Private Shareholders I verified

Intel ID 222155
Value ND
Native Currency US Dollar (USD)
Exchange Rate:
Financial Data - The New York Times Company
(31 Dec 2012)
Revenue: EUR 1.508,87m
Exchange Rate:
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Tags

Bidder

Name
verified

Target

Name
verified
Subsector (Old TTR Sectors)
Services and Distribution / Media, Multimedia and Editorial (Primary)
Primary Sector (TTRSC)
45.03.02 Newspaper Publishing
45 Media, Entertainment & Information Services / 45.03 Publishing

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Website
Description

Seller

Name
verified

Mergers & Acquisitions

Date Target Country Buyer Seller VALUE (EURm) Subsector    

Legend:

verified Verified: Confirmed as a party to an active or possible transaction.

potential Potential: Unconfirmed as a party to an active or possible transaction.

retained Retained: Confirmed as “Retained” with a general or specific mandate.

prospect Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.

Transactional data is continuously updated by the research team and therefore is subject to change.