Stay updated with breaking news from Integrated Whale. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The initial involvement of China's sovereign wealth fund in a deal to take over Forbes is raising concerns about the potential for censorship at the venerable US business news outlet.
BuzzFeed's public listing added to skepticism about the SPAC market for media companies.
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. ADVERTISEMENT Completion of either offer would keep Forbes ...