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Luminar founder and CEO Austin Russell's bid to buy Forbes Global Media Holdings has ended. Integrated Whale Media Investments, the Hong Kong-based parent company of Forbes, terminated the agreement with Russell after he failed to secure the ideal group of investors needed to close the deal. Bloomberg was the first to report the news, citing an internal memo by Forbes Chief Executive Officer Mike Federle.
When Magomed Musaev, a Kremlin-connected tycoon, gathered friends in New York to celebrate his 60th birthday, he was joined at the head table by top executives from the Forbes Media
Russian tycoon claims he is behind Forbes purchase, audiotapes show washingtonpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from washingtonpost.com Daily Mail and Mail on Sunday newspapers.
FIRST ON FOX: Republican Senators Tom Cotton and Marco Rubio warned Treasury Secretary Janet Yellen about the Chinese Communist Party (CCP) and Kremlin-linked company trying to buy a storied American media brand. Cotton and Rubio wrote to Yellen on Tuesday regarding the Sun Group's bid to acquire Forbes, calling on the Treasury secretary "to conduct
Big Business cjr.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cjr.org Daily Mail and Mail on Sunday newspapers.
GOP Sens. Tom Cotton of Arkansas and Marco Rubio of Florida sent a letter to Treasury Secretary Janet Yellen calling for a review of the proposed deal by a CCP-linked company to buy Forbes.
Senators give Yellen 'grave' warning about CCP, Kremlin-linked company trying to buy major US media brand 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.
Forbes' would-be new owner Austin Russell is on the hunt for more American investors axios.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from axios.com Daily Mail and Mail on Sunday newspapers.