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Forbes hires Bill Hankes for top comms position

Forbes hires Bill Hankes for top comms position
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Forbes, Owned by Shadowy Hong Kong Group, Should Sell to US Citizens

Commentary Forbes, which is currently majority-owned by a shadowy Hong Kong company, is currently being considered for purchase ...

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Despite Pandemic Fears, A Record-Breaking 'Frenzy' Of M&A Activity Is Underway

Despite Pandemic Fears, A Record-Breaking 'Frenzy' Of M&A Activity Is Underway
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Forbes Plans to Go Public via Merger with SPAC

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Many companies are said to have shown interest in working with Forbes in its attempt to go public.
Forbes Media LLC, information and publishing media has been said to be working on merging with Special Purpose Acquisition Company (SPAC) as it works to go public. According to reports, the company has received many interests, with Borderless Services Inc proposing a bid of $700 million. It has been reported that these bids would cause Forbes to remain a privately held company.
An attempt to receive confirmation about the merger with SPAC was unfruitful. However, the spokesperson of Forbes revealed that many companies have shown interest, thanks to the three years of record results.

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Forbes pursues SPAC talks amid new takeover interest -sources

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Report: Forbes Media possibly going public

Forbes Media is discussing going public and is also reviewing at least two offers to sell the company, Reuters reported Thursday.
To go public, Forbes Media would merge with a special purpose acquisition company, or SPAC, though the identity of that company is not known, Reuters reported.
Forbes is also considering two acquisition offers in the range of $700 million: one from a group of investors led by Michael Moe, founder and CEO of GSV Ventures, and another from Borderless Services, a blockchain technology investment company.
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Completion of either offer would keep Forbes a privately held company.
Forbes, Moe and Borderless Services did not immediately respond to a request for comment from The Hill.

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Exclusive: Forbes pursues SPAC talks amid new takeover interest - sources

Exclusive: Forbes pursues SPAC talks amid new takeover interest - sources
By Joshua Franklin, Krystal Hu and Echo Wang
Reuters
NEW YORK (Reuters) - Business news and information publisher Forbes Media LLC is in talks to go public through a merger with a special purpose acquisition company (SPAC) as it attracts new acquisition interest, people familiar with the matter said on Thursday.
Forbes' owner is also fielding offers worth up to $700 million from bidders including a consortium led by tech investor Michael Moe and another offer from investment vehicle Borderless Services Inc, the sources said. Both of these bids would result in Forbes remaining a privately held company.

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Exclusive: Forbes pursues SPAC talks amid new takeover interest

Exclusive: Forbes pursues SPAC talks amid new takeover interest
yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.

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EXCLUSIVE Forbes pursues SPAC talks amid new takeover interest -sources

4 minute read
The logo of Forbes magazine is seen on a board at the St. Petersburg International Economic Forum 2017 (SPIEF 2017) in St. Petersburg, Russia, June 1, 2017. REUTERS/Sergei Karpukhin
Business news and information publisher Forbes Media LLC is in talks to go public through a merger with a special purpose acquisition company (SPAC) as it attracts new acquisition interest, people familiar with the matter said on Thursday.
Forbes' owner is also fielding offers from bidders including investment vehicle Borderless Services Inc, which has bid $700 million, and from a consortium led by tech investor Michael Moe, the sources said. Both of these bids would result in Forbes remaining a privately held company.

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Forbes Media pursues SPAC talks amid new takeover interest

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